More in Global Economy

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Will the US Lose its World Reserve Currency Status?

The U.S. dollar enjoys the world reserve currency status due to numerous factors.

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The Secular Stagnation Controversy

For economists, the word ”secular” isn’t about a lack of religious belief.

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The Economics of Gift Giving

Gift giving is a tradition that has been practiced for centuries and is an important part of many cultural and religious celebrations.

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Mergers and Enforcement in 2021: Hart-Scott-Rodino

In 2021, there were several high-profile mergers and acquisitions that attracted regulatory scrutiny.

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Trade Sanctions: How Well Do They Work?

For a country with a large economy like the United States, trade sanctions have obvious attractions.

4 months

Hard and Soft Landings: The Federal Reserve’s Record

When the Federal Reserve raises interest rates to fight inflation, a “hard landing” refers to the possibility is that inflation is reduced at the cost of a significant recession, while a “soft landing” refers to the possibility that inflation is reduced with only a minor recession–or perhaps even no recession at all.

4 months

Central Bank Digital Currencies Would Bring Hyperinflation

There are many excuses often used to explain inflation.

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