Tag Archives: economy

The Federal Reserve‘s obsession with imminent inflation – for once I agree with President Trump

Posted on October 17, 2018 by haroldchorneyeconomist

President Donald Trump has done and said many negative things in the policy realm that I strongly disagree with. But on the subject of the Fed policy of restoring higher interest rates because of the supposed threat of inflation,  I … Continue reading →

Posted in Federal Reserve, monetary policy, natural rate of unemployment, treasury view, Uncategorized | Tagged , , | 2 Comments

Robert Mundell, Columbia University economist criticizes overvalued euro which promotes unemployment and urges QE

Posted on March 25, 2013 by haroldchorneyeconomist

Robert Mundell, a Nobel prize winning Canadian economist at Columbia University and a specialist on trade,exchange rates and currencies has wisely critiqued the European central bank for allowing an overvalued exchange rate on the euro which has harmed growth in … Continue reading →

Posted in austerity, balance of payments, business cycles, classical economics, European debt crisis, European unemployment, free trade and globalization, full employment, quantitative easing, unemployment | Tagged , , , | 4 Comments