Alexander W. Salter

"As a 'dark horse' candidate, Ramaswamy has a greater burden of proof before the electorate. He needs to prove his policy proposals are a cut above his rivals’." ~ Alexander W. Salter

"Congress should narrow the Fed’s regulatory concerns to maintaining adequate bank capital. It should also consider abolishing the discount window entirely." ~ Alexander William Salter

"Ramaswamy’s arguments reveal he is unfamiliar with the ins and outs of monetary policy. His suggestions are poorly motivated and won’t result in a stronger economy. He’ll need to do better if he wants to rein in the Fed." ~ Alexander William Salter

"We need to do two things to clean up this mess: unshackle the economy and shackle the administrative state. Bureaucrats and their political enablers can’t be trusted to curb their ambitions, so we must do it for them." ~ Alexander William Salter

"DeSantis is right to call out the Fed. And honesty compels one to acknowledge the Fed’s failures, even if those failures are pointed out by politicians of whom one disapproves. Anything less subjects responsible policy analysis to rank partisanship." ~ Alexander William Salter

"Say’s Law absolutely helps us understand booms and busts on the demand side, but because of its emphasis on money, not interest rates." ~ Alexander William Salter

"My view is the Fed should pause its rate hikes in the short-run. Disintermediation might be the cause of recent money-supply trends. In the long-run, the Fed should resume forward guidance, but not on interest rates." ~ Alexander William Salter

"Banking reform should rank high on our list of policy priorities, but moving away from fractional reserves shouldn’t be a part of the conversation." ~ Alexander William Salter

"To the shame of two generations of economists-turned-policy-advisors, moral hazard is a fact of life. We don’t need to add permanent dollar depreciation to this mess." ~ Alexander William Salter

"When it comes to fiscal follies, this time is different. Let’s not pass the buck. Instead, let’s make the necessary sacrifices to ensure the long-run integrity of the United States. Let’s plant the trees." ~ Alexander William Salter