It’s a fact that presidents from both parties tend to favor low interest rates. That’s because low interest rates support higher employment and more robust economic growth, both vote-winning issues.

For background, contemplate a recent New York Times opinion piece by former Federal Reserve Chairs Ben Bernanke and Janet ...

The American dollar has hit its rock bottom, at least since the Nixon days. The dollar is experiencing its worst value since ...

Columnist Sid Salter says Trump’s plan to make funding cuts at NPB, NPR, and USAID is a rare presidential move, but certainly ...

In August 1971, Nixon announced widespread wage and price controls. They suppressed inflation in the short term, but led to shortages and hidden inflationary pressures in the long term.

In August 1971, Nixon announced widespread wage and price controls. They suppressed inflation in the short term, but led to shortages and hidden inflationary pressures in the long term.

WATCH: “If you look at it with Nixon’s, the rate of inflation declined substantially with Nixon’s 10% surcharge that it also did not get. But it just doesn’t affect trade.

In August 1971, Nixon announced widespread wage and price controls. They suppressed inflation in the short term, but led to shortages and hidden inflationary pressures in the long term.

In August 1971, Nixon announced widespread wage and price controls. They suppressed inflation in the short term, but led to shortages and hidden inflationary pressures in the long term.