
The Federal Reserve is the Cause of Inflation, Not the Cure for It
With inflation slowing to 3.1% as of writing this column, Jerome Powell…
Dr. Christopher Douglas came to the University of Michigan-Flint in 2006. He earned a B.S. in Electrical Engineering and a B.S. in Economics from Michigan Technological University in 2001, and his Ph.D. in Economics from Michigan State University in 2007. As Associate Professor and Chair of the Department of Economics, he teaches Principles of Microeconomics, Principles of Macroeconomics, International Economics, Public Finance, and Sports Economics.
With inflation slowing to 3.1% as of writing this column, Jerome Powell…
The Federal Reserve has increased the federal funds rate from 0% to…
The deal recently reached by Congress and President Biden suspends the debt…
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Due to losses on its bond portfolio, Silicon Valley Bank collapsed in…
Everyone hoped inflation would return to normal in 2023. Signs were encouraging…
Bloomberg’s December 2022 survey of economists found that 70% expect a recession…
Many economists forecast a recession in 2023. The Federal Reserve does not…
The cryptocurrency exchange FTX filed for Chapter 11 bankruptcy on November 11,…
The global economy is facing a severe energy crunch heading into winter.…