Henry Boateng
The Eurozone’s Coming Inflation Divide
“So now – for once – it is the German economy that is bound for higher inflation than the rest of Europe. And make no mistake about whether rising prices…
Me, Obama, Standard and Poor’s and Popcorn
For the past few months I have been really disturbed about this nation’s fiscal challenges. With a $14 trillion structural deficit, and a $1.6 trillion deficit for this fiscal year…
So Where Do We Go From Here?
Last week, in my blog, I discussed my concerns regarding the policies that the Federal Reserve has been pursuing lately. My concern was that in its attempt to achieve maximum…
A Cure for Fiscal Failure?
“In a new paper, “A Decade of Debt,” Carmen M. Reinhart and I show that general government debt in the United States, including federal, state, and local debt, has now…
Asia’s Inflation Trap
“The lessons of earlier battles against inflation are clear on one fundamental point: inflationary pressures cannot be contained by negative, or slightly positive, real short-term interest rates. The only effective…
Saying Goodbye to Price Stability
America’s monetary policy has been going rogue ever since the Great Recession began. Mr. Bernanke, a man, whose position I by no means envy, has taken certain unprecedented steps, since…