The administration announced two proposals that defy basic economic reason
Inflation
The vicious cycle of rising public debt, monetary inflation, and consumer price inflation is one of the greatest challenges of our time. Inflation primarily harms lower-income Americans, and we must protect Americans’ ability to place their savings in inflation-protected assets like bitcoin. Furthermore, we must reform financial regulations to ensure that lower- and middle-income Americans have access to basic financial services and the innovation economy.
All Inflation
Ironically, the plan may end up redistributing federal funds upward from those most in need
Job growth remains anemic as structural challenges deepen
The July employment report delivered a sobering picture of the U.S. labor market
While the headline numbers suggest stability, the underlying dynamics point to a more complex picture
FREOPP continues to inform discussions about how policy changes affect American families
Targeting financial conditions gives the Fed another tool to soften volatility in financial markets
Inflation inequality remains stubbornly high between the top and bottom of the income distribution