A weekend topic starting with Real Clear Markets. "Arthur Burns, Chair of the Federal Reserve from 1970 to 1978, publicly regretted afterward that he had lacked the spine to do what was necessary to get the Great Inflation of the…
A weekend topic starting with Reason. "In 2010 Thomas Hoenig, then the president of the Federal Reserve Bank of Kansas City and a member of the central bank's Federal Open Market Committee, thought he was seeing history repeat itself. In…
A weekend topic starting with the Los Angeles Times. "While it's hard to predict what comes next, economists said it's doubtful rates will fall back to 3% or below anytime soon. That's in part because such rock-bottom rates were the…
A weekend topic starting with Fortune. "In 2005, Fed Chair Alan Greenspan told Congress that a 'bubble in home prices for the nation as a whole does not appear likely.' Of course, not only had a housing bubble formed, it…
A holiday topic starting with NPR. "Seattle Times business reporter Paul Roberts spoke to KUOW's Angela King: I've talked with a number of workers from India and from China who are really not sure what to do. Some have been…
A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…
A holiday topic starting with In Maricopa in Arizona. "It’s no secret that right now, the real estate market is once again changing. Dayv Morgan, a Maricopa Realtor, has spent the last 13 years selling real estate. Morgan said the…
A report from USA Today. "'A lot of the places, the Zoom towns that rose really rapidly in prices are cooling very rapidly and there's been a pretty swift change,' says Redfin Economist Sheharyar Bokhari. 'Price drops are increasing, and…
A weekend topic starting with Sparta Independent on New Jersey. "'It was ticking upward, but in the last 90 days or so, prices have started to flatten out, if not come down slightly,' explained Realty Executives broker and Manager Nicole…
A report from Reuters. "In mid-April Harsh Grewal and his wife settled on a place in a San Francisco suburb and were prepping a bid, above the listed price so they'd have a chance of besting other offers. Then he…