What Happens When the Fed Really Does Run Out of Ammunition?
The Fed has no good choices. If easy money ends, the economy will slow even more. But continuing the policy risks inflation
The Fed has no good choices. If easy money ends, the economy will slow even more. But continuing the policy risks inflation
Economic policies that look like the start of a trade war are really aimed at addressing domestic economic problems.
A host of factors outside of the government’s control will likely hold back the economy for at least another year.
The banking sector still faces big challenges, but greater transparency will boost investor confidence and also encourage banks to manage risk better internally.
History shows that there’s no right way to raise income taxes – but generally it’s smarter to eliminate preferences, deductions and loopholes rather than jacking up rates.
A slow-growing economy with little inflation can actually be the best environment for blue-chip stocks.
The economy is likely to keep improving, but slow growth could develop into chronic stagnation.
A host of special interests, from filmmakers to rum distillers, got tax breaks in last week’s fiscal cliff deal.
Social Security may not add to the deficit, but it does add to the national debt. Fortunately, it’s easy to fix this.
A misguided response to the fiscal cliff could risk a recession while doing little to solve long-term financial problems
Multiple debt markets are facing big trouble because of excessive borrowing and the Fed’s easy-money policies.
Limiting future increases in government spending will be less painful than making sudden deep cuts in current programs.