By L. Randall Wray and Stephanie Kelton
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The Fed's dimmer switch is lighting up credit markets.
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Last weekend, I wrote about Warren Mosler’s argument that the Fed’s rate hikes could be undermining its effort to bring down inflation. While Mosler is…
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Last week, Fed Chair Jerome Powell said, “the disinflationary process has begun.” Many breathed a sigh of relief even as Powell told us that the process…
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With more to come.
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Tomorrow morning, I’ll join CNBC’s Squawk Box to talk about a new effort to tax the rich. The segment will air at 7:50 ET. I’m not referring to the…
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As long as we play along with the "solvency" game, Social Security is vulnerable to privatization.
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The trillion-dollar questions. Answers inside.
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