Home » Posts tagged with » Alan Reynolds

The Fed’s Higher Fed Funds Rate Projections Mean What?

The Fed’s Higher Fed Funds Rate Projections Mean What?

by Alan Reynolds Before they were awash with reserves, banks often paid interest to other banks in the “federal funds” market if they needed more reserves to support more lending (due to reserve requirements). Since 2008 and massive “quantitative easing” (buying federal debt with new reserves), reserve requirements stopped limiting commercial bank credit. The Federal […]

Asia, Not The US Is The Main Source Of Global Warming

Asia, Not The US Is The Main Source Of Global Warming

by Alan Reynolds President Biden once hoped to attend the October 31 start of the Glasgow U.N. Climate Conference having signed a massive new package of climate-related spending. A New York Times analysis undertaken by Margot Sanger-Katz and Alicia Parlapiano estimated that $675 billion of President Biden’s original $4.7 trillion “Build Back Better” plan would have been earmarked for […]

Central Planners Send Vaccines to Places Seniors Don’t Live

Central Planners Send Vaccines to Places Seniors Don’t Live

Alan Reynolds    Vaccines for flu, pneumonia, hepatitis, and other diseases are normally purchased and distributed efficiently by private physicians, drug stores and clinics. In the case of the Covid-19 vaccine, though, governments relied on central planning and long waiting lines. Federal officials monopolized the purchase and distribution of vaccines which were sent to state […]