We'd Better Understand This Beast

Forbes, Steve
July 2006
Forbes Asia;7/3/2006, Vol. 2 Issue 12, p11
The article discusses several fallacies about inflation in the U.S. Budget deficits do not cause inflation, instead it is caused by the excess money created by the Federal Reserve. For that same reason, it is not true that trade deficits weaken the dollar. Many economists say the U.S. should not be too worried, because if they do not figure in volatile prices for food and energy, core inflation is still reasonable. This concept is bogus.


Related Articles

  • A Two-Headed Dragon for Monetary Policy. Bullard, James // Business Economics;Apr2009, Vol. 44 Issue 2, p73 

    The current financial crisis has been the key global economic event since it unfolded in earnest in early August 2007. The Federal Reserve has taken aggressive action--both conventional and unconventional--to counteract the economic and financial fallout. Among these actions have been a number...

  • Economist Infers Hikes to Fed Rate May Be Too Much.  // WWD: Women's Wear Daily;5/15/2006, Vol. 191 Issue 103, p13 

    The article reports that the interest rate hikes made by the U.S. Federal Reserve on May 9, 2006 will have effects that will be felt through 2007, according to Dan North, chief economist from Euler Hermes ACI. He explained that while the Federal Open Market Committee's policy may reduce...

  • Inside the FED'S FIGHT. TANKERSLEY, JIM // Money;Jan/Feb2013, Vol. 42 Issue 1, p84 

    The article presents an overview of the U.S. Federal Reserve's internal debates and questions whether they have helped the U.S. economy. Topics include the fiscal policies of Federal Reserve chairman Ben Bernanke following the 2009 global recession, advice for investors, unemployment rates,...

  • A final move? Thredgold, Jeff // Enterprise/Salt Lake City;5/5/2008, Vol. 37 Issue 45, p9 

    The article highlights three key paragraphs from the U.S. Federal Reserve's accompanying statement on economic issues as of May 2008. According to the agency, household and business spending has been subdued and labor markets have softened further. Uncertainty about inflation outlook remains...

  • Why investors need to curb their enthusiasm. MAULDIN, JOHN // Equities;Oct2009, Vol. 58 Issue 4, p8 

    The author discusses a pending inflation in the U.S. economy. He cites the printing of money by the Federal Reserve System to curb the inflationary pressures brought about by the deficit spending of the U.S. government. He presents a possible scenario similar to the summer of 2007 when the...

  • Where's the Inflation? Light, Joe // Money;Nov2009, Vol. 38 Issue 11, p56 

    The article presents statistics concerning why there is no inflation in the U.S. economy, including the amount of money the U.S. Federal Reserve has put into the economy, and job growth numbers before and after the financial crisis.

  • Bernanke: Growth Will Return Slowly.  // Bond Buyer;7/28/2009, Vol. 369 Issue 33156, p7 

    The article focuses on Federal Reserve chairman Ben Bernanke and his support to the strong dollar policy as proposed by the Treasury in the U.S. in 2009. During one Corp. for Public Broadcasting Service (PBS) show, Bernanke claims that strong economic environment means strong dollar, which also...

  • A big ball of wax. Thredgold, Jeff // Enterprise/Salt Lake City;2/12/2007, Vol. 36 Issue 32, p9 

    The author reflects on the economic data and reports regarding U.S. economic growth. He notes that naysayers who have been talking about imminent U.S. economic recession have been proved wrong by the data on the American economy that shows it is doing well. His forecast that the U.S. economy...

  • Signs point to no more easings in '95. Sherman, Eugene J. // American Banker;10/4/1995, Vol. 160 Issue 191, p22 

    Opinion. Comments on the Federal Reserve's decision on September 26, 1995, to maintain the status quo in monetary policy in the face of mild inflation and relatively restrictive federal funds rate. Objectives and operating guidelines of the Federal Reserve; Price stability.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics