What Can We Learn From Japan?

Looking back at the Japanese economy and ahead at the United States, we can ask if we will have similar fiscal and monetary results.

Apples, Oranges, and the Global Covid-19 Fiscal Response

Trying to compare the incomparable, we sometimes say it’s like apples and oranges because they are so different. It turns out that they aren’t that different but they’re not really similar either:   The same is true for the Covid-19…

The Country That Was Called a Serial (Debt) Deadbeat

When an emerging markets nation like Argentina has a vulnerable economy, then the pandemic lockdown can create a sovereign debt default.

The Human Side of Money

Economic anthropologists focus on the human side of money when they see us now and in the past, as individuals, as families, and as one world.

Why Venezuelans Might Launder (In a Washing Machine) Their Dollars

The U.S. dollar is a handy backup when a country’s currency loses its value. After Zimbabwe’s hyperinflation hit its peak (or its nadir) in 2009, they used U.S. dollars but didn’t have enough. So, when the cash got too gray…

Why Your Inflation Rate is Different From Mine

Although the BLS reports the CPI (Consumer Price Index) inflation rate each month, our own household could see different price changes.

The Six Facts That We Need To Know About the Federal Reserve

The six Federal Reserve facts that we need to know relate to why it was created, what it always does, and what is happening now.

Why It’s Tough to Catch Venezuela’s Runaway Hyperinflation

Calming the everyday monetary chaos created by Venezuela’s hyperinflation is about much more than lopping zeros off its currency.

How Certain Central Bankers Became More Friendly

When you look at Norway’s new banknotes and their (hilarious) video describing the journey of a cod from the sea to a wallet, you can see that central bankers have become more interesting.

The Chaos Created By Venezuela’s Soaring Inflation Rate

When Venezuela’s inflation rate entered the stratosphere, it created chaos that shifted the rhythm and rationality of daily life.