Dr Frank Shostak

By Dr Frank Shostak For most commentators inflation is about persistent increases in the prices of goods and services. However, is this the case? …

By Dr Frank Shostak As a result of the recent strong stimulatory policies employed by the US government and the Fed, most commentators are…

By Dr Frank Shostak According to the National Income and Product Accounts (NIPA) the US personal savings rate stood at 13.6% in February against…

By Dr Frank Shostak On March 11, 2021, the US President Biden introduced his $1.9 trillion COVID-19 stimulus plan. The President also announced a…

By Dr Frank Shostak In an interview with National Public Radio’s “Morning Edition” program on Thursday March 25 2021, Fed Chair Jerome Powell said…

By Dr Frank Shostak Between January 1970 and December 2020 on average changes in money supply preceded by 14 months changes in real economic…

By Dr Frank Shostak After climbing to 12.2% in April last year the yearly growth rate of combined commercial bank real estate, consumer and…

By Dr Frank Shostak For most commentators economic stability refers to an absence of excessive fluctuations in key economic data such as real gross…

By Dr Frank Shostak According to John Maynard Keynes, The ideas of economists and political philosophers, both when they are right and when they are…

By Dr Frank Shostak By some theories such as the Modern Monetary Theory (MMT), money originated on account of the government decree. Money according…