Mr. Pollock is a Senior Fellow at the Mises Institute, the author of ‘Finance and Philosophy–Why We’re Always Surprised’ and co-author of ‘Surprised Again! The Covid Crisis and the New Market Bubble.’
America’s central bank is having trouble scaling back what was meant to be a ‘temporary’ rise in its balance sheet under the so-called ‘Quantitative Easing’ effort.
By ALEX J. POLLOCK
||Opinion (Columnists)
At the moment, the Federal Reserve boasts that it ‘does not own’ the monetary metal.
By ALEX J. POLLOCK
||Opinion (Columnists)
Instead, estimates suggest, its gamble on bonds and mortgages has cost the Treasury more than $500 billion
By ALEX J. POLLOCK
||Opinion (Columnists)
Home prices are now 77 percent above their peak in the housing bubble of the early 2000s.
By ALEX J. POLLOCK
||Opinion (Columnists)
Our still-young 21st century has already had two bubbles in United States house prices.
By ALEX J. POLLOCK
||Opinion (Columnists)
Many are scrambling to purchase the precious metal as the gold value of the greenback plunges to new lows.
By ALEX J. POLLOCK
||Opinion (Columnists)
The Federal Reserve’s own chairman says it’s ‘navigating by the stars under cloudy skies.’
By ALEX J. POLLOCK
||Opinion (Columnists)
Step One: Require congressional approval of any long-term target of inflation.
By ALEX J. POLLOCK
||Opinion (Columnists)
There’s no rabbit to pull out of any hat when it comes to cutting the Fed’s interest expense.
By ALEX J. POLLOCK
||Opinion (Columnists)
The New York member of the Federal Reserve System has racked up by far the biggest losses in the Federal Reserve System.
By ALEX J. POLLOCK
||Opinion (Other)
America’s central bank fails to account for its own red ink the way it requires of the banks it regulates.
By ALEX J. POLLOCK
||Opinion (Other)
America has a chance to introduce into its monetary system a role for the gold that’s already owned by the government.
By ALEX J. POLLOCK
||Opinion (Other)
