CUNA Economics: Inflation Cools Down in October
Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in…
Why the Federal Reserve System Should Be Abolished
The actions of the Federal Reserve and Federal Open Market Committee affects everything from how the economy is performing to stock and bond mutual funds to loan rates, and subsequently everything from property values to employment.
NAFCU Research: Inflation 'Surprised to the Upside" in May
The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist and Vice President of Research Curt Long issued the following statement after the Bureau of Labor Statistics released May data
CUNA Research: Housing, Energy, and Food Prices Led May Price Increases
Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s May Consumer Index Report:
How “Shock Therapy” Economics Have Been a Resounding Success – And What it Could Mean for Credit Unions
The economic model commonly known as “shock therapy” represents large scale privatization and economic liberalization within a relatively short period of time. This is what it could mean for credit unions.
Why the 2021 Economic Situation is Oddly Disastrous
The COVID-19 pandemic and the government response to it has no doubt wreaked havoc on the economy. But the consequences are relatively unique to this current circumstance compared to past economic woes. According to a memo released by the Bureau of Labor Statistics on October 12th, there are currently, in the United States, 10.4 million jobs that are needing to be filled.
Case Study: What to Think about When You’re Thinking about Inflation
Inflation is a very complex subject with multiple views, creating a level of paranoia across America, and particularly among those in financial services and their regulators. The view I have is that inflation is here and it is almost at the runaway level.