Why having central banks as the inflation shock troops is not such a hot idea.
Recent Items
Friday, July 24, 2026
Can the Fed Kill This Inflation Without Killing Too Many Other Things First?
Topics: Commodities, Derivatives, Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Pandemic, Regulations and regulators, Risk and risk management, Russia
Posted by Yves Smith at 6:34 am | 81 Comments »
Fertilizer Prices Are Soaring – and That’s an Opportunity to Promote More Sustainable Ways of Growing Crops
The fertilizer price crisis may represent an opportunity….but can farmers take advantage of it?
Topics: Commodities, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Permaculture
Posted by Yves Smith at 6:30 am | 54 Comments »
Boris Johnson’s Hypocrisy on the Northern Ireland Protocol Is a New Low
Boris Johnson has threatened for some time to blow up Brexit’s Northern Ireland protoocol, and now he’s finally set the process in motion.
Topics: Brexit, Doomsday scenarios, Europe, Globalization, Legal, Politics, UK
Posted by Yves Smith at 4:38 am | 25 Comments »
2:00PM Water Cooler 6/14/2022
Today’s Water Cooler
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 151 Comments »
SWIFT Dollar Decline
US-led sanctions are inadvertently undermining post-Second World War dollar dominance. Countries threatened are respond pro-actively.
Topics: Currencies, Doomsday scenarios, Economic fundamentals, Globalization, Guest Post, Payment system, Politics, Russia
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 6/14/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 134 Comments »
After Decades of God-like Omnipotence, Central Bankers Are Finally Falling Back Down to Earth
For the first time in a very long time, central bankers are coming under friendly fire as they lose control over some of the economic forces they themselves have helped to generate.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 55 Comments »
Anschluss, Again — Anticipating Poland’s Strategy in Russia’s Intelligence Assessment
Is Poland scheming? And if so, what might come of its plans?
Topics: Doomsday scenarios, Europe, Globalization, Guest Post, Politics, Russia
Posted by Yves Smith at 5:37 am | 38 Comments »
Race Is Often Used as Medical Shorthand for How Bodies Work. Some Doctors Want to Change That.
How race factors into medical assessments, often not properly.
Topics: Dubious statistics, Guest Post, Health care
Posted by Yves Smith at 5:01 am | 13 Comments »
2:00PM Water Cooler 6/13/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 159 Comments »
Pursuing India’s Multi-Aligned Foreign Policy in a Multipolar World: Time for a Sister Souljah Moment?
Offensive comments by BJP officials have sparked diplomatic condemnation, at potential cost to India’s foreign policy of multi-alignment.
Topics: China, Commodities, Doomsday scenarios, Energy markets, Globalization, Guest Post, India, Middle East, Politics, Russia
Posted by Jerri-Lynn Scofield at 1:55 pm | 18 Comments »
Links 6/13/2022
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 278 Comments »
Western Self-Destruction Continues: US Eyepoking China, US Failed Muscling of Latin America, EU Commission Schemes to Admit Ukraine. To What End?
Western officials are doing an impressive job of making not-great to bad situations worse. What gives?
Topics: Banana republic, Corporate governance, Doomsday scenarios, Economic fundamentals, Europe, Politics, Russia, Social policy
Posted by Yves Smith at 6:54 am | 65 Comments »
How to Stay Cool in Hot Weather
With heat waves becoming more prevalent due to climate change, planning ahead can help provide relief during the next hot spell.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, India
Posted by Jerri-Lynn Scofield at 5:30 am | 44 Comments »
Would A Price Cap On Russian Oil Help Curb Its Revenue?
Janet Yellen’s idea that Russia will sell oil to the collective West at a super duper discount looks pretty unhinged.
Topics: Banana republic, Dubious statistics, Economic fundamentals, Energy markets, Europe, Garrulous insolence, Guest Post, Politics, Ridiculously obvious scams, Russia
Posted by Yves Smith at 4:06 am | 49 Comments »


