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Sunday, March 18, 2018
current-dollar spending

Ramesh Ponnuru Makes Case For Loose Money

Ramesh Ponnuru writes in a Bloomberg View column, We don’t have loose money, and we haven’t during our entire economic slump. A big reason that slump has been so deep and long is that the Fed is keeping money tight: It’s not letting the money supply increase enough to keep current-dollar spending growing at its […]

August 16, 2011

Loose Money Will Keep Economy From Sliding Away

(BLOOMBERG) – The Federal Reserve is now the subject of more political controversy than at any point since the beginning of the 1980s. The debate centers on what the Washington Post calls its “ultra-easy” monetary policy: Is it hurting or helping the economy? Has the Fed already loosened so much that it has used up […]

August 16, 2011