Mase: Economics and Finance

The Federal Reserve continues to argue that Americans should not be worried about inflation.   The recent bumps in the Consumer Price Ind...

Check this out: on April 6, 2011, Commercial Bank Reserve Balances with Federal Reserve Banks totaled $1.503 trillion (Federal Reserve Relea...

Europe has been relatively quiet recently, except for occasional bursts of news coming from or about German Chancellor Angela Merkel. The e...

My estimate for the cumulative deficit over the next 10 years before the Obama budget was announced this week: in excess of $15 trillion. My...

The Great Recession is over. Remember, the recession ended in June 2009 getting close to two years ago. To many, it sure doesn’t feel like ...

On Saturday, Allan Meltzer made the statement that “Inflation is coming.” Like the 1970s, we are in for another bout of high unemployment an...

The yield on the 10-year Treasury bond closed at 3.48 percent yesterday. Just a little over five months ago the yield on the 10-year Treasur...

Ronald McKinnon writes in the Wall Street Journal this morning, “The U. S. is a sovereign country that has the right to follow its own monet...

One of the fundamental things I learned when working in the Federal Reserve System and in running financial institutions was that the Federa...

Why is the rate of inflation so low in the United States when the government has pumped huge amounts of debt into the country and the Federa...

The front page of the New York Times reads, “Why So Glum? Numbers Point to a Recovery.” ( http://www.nytimes.com/2010/04/09/business/09norri...

The ten year Treasury yield hit 4.00% yesterday, a level not hit since June 6, 2009. Then one has to go back to October 31, 2008 for the nex...

There were quite a few articles in the newspapers this morning concerning inflation and how governments should set their policy targets with...

Funny time to be talking about inflation, but the top economist at the International Monetary Fund brought it up. Oliver Blanchard, now serv...

Robert Shiller of “Irrational Exuberance” has given us the answer to our problems in the Sunday New York Times. See “Stuck in Neutral? Reset...