Printing Money

Economy

AP FACT CHECK: Biden skirts blame on inflation; GOP gas hype

Facing political attacks over rising costs, President Joe Biden exaggerated his role in reducing the federal deficit and skirted responsibility by asserting that a flood of government spending into the economy has no impact at all on higher prices. It actually does. Congressional Republicans, meanwhile, went too far in pinning blame for surging gasoline prices

John Stossel

Opinion: Inflation – John Stossel

Inflation is the worst in 40 years. The price of cars is up 37%. Gas is up 49%. During the last few years, as politicians spent ever more money, experts told us not to worry. Jerome Powell, chair of the Federal Reserve, said inflation would be “transitory.” Treasury Secretary Janet Yellen said, “I don’t anticipate

Opinion

Opinion: The Year of the Strong Dollar

There are plenty of reasons to be concerned about the U.S. dollar’s longer-run outlook as the world’s dominant international reserve currency. Never before in peacetime has the U.S. run as large a budget deficit and had as high a public debt level as it has today. Never, too before has the Federal Reserve so quickly

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