>"The real question is whether the Fed has the necessary policy room and the will to undertake sufficient monetary tightening to bring inflation under control."
>"The real question is whether the Fed has the necessary policy room and the will to undertake sufficient monetary tightening to bring inflation under control."
I think this is clearly a relevant economic article, but I am increasingly leaning OUT of the stagflation camp. I think inflation and interest rates are both heading up, but markets and other economic activity will probably initially _...Read More_
I think this is clearly a relevant economic article, but I am increasingly leaning OUT of the stagflation camp. I think inflation and interest rates are both heading up, but markets and other economic activity will probably initially _...Read More_
"One way or another, central-bank monetary policy has set the stage for a persistent and ugly inflationary future. Recent price surge renews debate, with huge consequences for investors"
"One way or another, central-bank monetary policy has set the stage for a persistent and ugly inflationary future. Recent price surge renews debate, with huge consequences for investors"
"The most obvious front on which the economy finds itself in uncharted waters relates to the massive budget policy response to the country’s once-in-a-century health crisis."
"The most obvious front on which the economy finds itself in uncharted waters relates to the massive budget policy response to the country’s once-in-a-century health crisis."
"If the United States’ bout of rising prices soon eases, its economy could fall back into the cycle of weak inflation that preceded the pandemic — a situation much like Japan’s."
"If the United States’ bout of rising prices soon eases, its economy could fall back into the cycle of weak inflation that preceded the pandemic — a situation much like Japan’s."
>"Seems like every time public officials talk productive Hamiltonian public investment again, or speak in a balanced way of rebalancing productive relations long since gone way out of balance, some unbalanced people begin crying _...Read More_
>"Seems like every time public officials talk productive Hamiltonian public investment again, or speak in a balanced way of rebalancing productive relations long since gone way out of balance, some unbalanced people begin crying _...Read More_
"Will the U.S. economy experience inflation or deflation in the years ahead? That is the same key question economists were grappling with after the Lehman bankruptcy in 2009, when the U.S."
"Will the U.S. economy experience inflation or deflation in the years ahead? That is the same key question economists were grappling with after the Lehman bankruptcy in 2009, when the U.S."
Great stuff - we do need a better error theory for the durability of the deflationary bloc beyond falling profits or state capture:
"Asset distribution connects “money manager capitalism” with “asset capitalism”."
Great stuff - we do need a better error theory for the durability of the deflationary bloc beyond falling profits or state capture:
"Asset distribution connects “money manager capitalism” with “asset capitalism”."