Americans Increasingly Priced Out of Buying Homes, Thanks to the Federal Reserve’s Manipulation of Mortgage and Housing Markets
We are in the late stages of a bubble in real estate prices, with deflation looming.
By ALEX J. POLLOCK
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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.’
We are in the late stages of a bubble in real estate prices, with deflation looming.
By ALEX J. POLLOCK
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The opacity the Federal Reserve once maintained had a huge advantage for the central bankers themselves. It hid the fact that they did not know.
By ALEX J. POLLOCK
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In which our columnist questions his readers.
By ALEX J. POLLOCK
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It’s staring the new chairman of the central bank squarely in the face.
By ALEX J. POLLOCK
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And some startling answers from the Sun’s monetary columnist.
By ALEX J. POLLOCK
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Whether our central bank should or could shrink, and if so, how much, has become a topic of public debate.
By ALEX J. POLLOCK
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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
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At the moment, the Federal Reserve boasts that it ‘does not own’ the monetary metal.
By ALEX J. POLLOCK
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Instead, estimates suggest, its gamble on bonds and mortgages has cost the Treasury more than $500 billion
By ALEX J. POLLOCK
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Home prices are now 77 percent above their peak in the housing bubble of the early 2000s.
By ALEX J. POLLOCK
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Our still-young 21st century has already had two bubbles in United States house prices.
By ALEX J. POLLOCK
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Many are scrambling to purchase the precious metal as the gold value of the greenback plunges to new lows.
By ALEX J. POLLOCK
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