Peter Morici Twitter @pmorici1

Jul 30, 2019
As the Federal Reserve considers lowering interest rates, it risks falling victim to its own dominance. For too long, the Fed has been a monastery where 2% inflation, 2% trend growth and the primacy of conventional banking are accepted without sound foundation.

Jul 16, 2019
If government regulators permit Libra to flourish by treating it as a currency then ordinary folks would have something the Federal Reserve only permits bankers and other financiers to enjoy,genuine, stable digital money.

Jul 2, 2019
The Federal Reserve’s principal tools , adjusting short-term interest rates and quantitative easing , for accomplishing 2% inflation and low unemployment are radically out of sync with a global economy that relies on the dollar.

Jun 26, 2019
Without extensive changes in Chinese policy and law , and tough enforcement provisions , any trade deal will prove a hollow victory and put our national security at risk.

Jun 18, 2019
Spending, not inflation, drives growth and prosperity and that's where the Fed should focus.

Jun 4, 2019
The growth potential for the economy is simply the sum of productivity and labor-force growth , during the Obama years those sunk to 1% and 0.5% , but thanks to artificial intelligence and broader opportunities, those jumped to 2.4% and 1% percent for the year ending the first quarter of 2019.

May 29, 2019
Californians continue to build and rebuild in the wake of devastating fires in high-risk woodlands where they and the banks holding their mortgages will lose their investments and put their own and first responders lives at great risk.

Apr 30, 2019
If Trump fails to get his wall, the crisis at the border could easily become a mass migration that imposes incalculable burdens on those Americans least able to bear them.

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