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  • January 21, 2022
    Blog
    The Fed’s Astonishing Quantitative Tightening in the Great Recession
    … the Great Recession,” he adds, “is that the Federal Reserve erred from late 2007 onward by failing to loosen monetary policy enough after initial signs of economic weakness, sending tightening signals to markets as the crisis developed, and then failing …
    By Alan Reynolds
  • January 21, 2022
    The Diplomat
    North Korea’s Missile Tests: Biden’s Options
    North Korea’s Missile Tests: Biden’s Options
    Since the collapse of the U.S.-North Korea summit at Hanoi in February 2019, North Korea and the United States have been locked in a diplomatic impasse.
    By Eric Gomez
  • January 21, 2022
    Blog
    The Fed Finally Announced Its CBDC Ideas
    It seems the Fed is still undecided, but it is leaning towards launching a CBDC that would protect privacy without permitting anonymous use, be intermediated (or hosted) by private banks, and be easily transferable. In other words, it would be much like what already exists.
    By Nicholas Anthony
  • January 21, 2022
    Blog
    Federal Debt and Unfunded Entitlement Promises
    Federal Debt and Unfunded Entitlement Promises
    Biden’s budget-busting Build Back Better plan has been beaten back, but federal finances are still badly broken. Spending is running far ahead of revenues, and politicians are adding more than $1 trillion a year to the government’s debt load.
    By Chris Edwards
  • January 20, 2022
    19FortyFive
    How Joe Biden Can Avoid a War with Russia over Ukraine
    How Joe Biden Can Avoid a War with Russia over Ukraine
    … shamefully solicitous of the House of Saud, which is less democratic at home and more aggressive abroad than Russia. US policymakers also should acknowledge that they played Moscow false, offering assurances that NATO would not expand. And recognize that dismembering …
    By Doug Bandow
  • January 19, 2022
    Blog
    Let the Sun Set on Solar Tariffs
    Let the Sun Set on Solar Tariffs
    While the politics of the decision may be tough for the president, the economic, environmental, and legal case against the tariffs is easy, and he should let them expire.
    By James Bacchus and Gabriella Beaumont-Smith
  • January 18, 2022
    Responsible Statecraft
    The Farkas Effect: When the Blob Mobilizes for War
    The Farkas Effect: When the Blob Mobilizes for War
    … it came to combat — quipped, “to jaw‐​jaw is always better than to war‐​war.” Alas, today many U.S. policymakers don’t agree. During the Cold War Americans were prepared to fight over essentials — witness the Cuban Missile Crisis …
    By Doug Bandow
  • January 13, 2022
    The American Conservative
    Kazakhstan and the Limit of American Power
    Kazakhstan and the Limit of American Power
    Better for Washington to speak softly, occasionally, and thoughtfully, rather than simultaneously demonstrate its ignorance and impotence.
    By Doug Bandow
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