by Slight Revision Support | Sep 8, 2022 | Everything Else
Inflation, stagflation, and recession, or in reverse order, whichever way, those are the three possibilities that we are experiencing in the U.S. economy. Inflation is what we’re experiencing now. All of us are experiencing that the prices are higher than we...
by Slight Revision Support | Sep 1, 2022 | Everything Else
The current inflationary environment (surging aggregate demand during a period of constrained aggregate supply) is more of a function of the super supportive fiscal policies during the height of Covid. Although the significant expansion of the Fed balance sheet and...
by Slight Revision Support | Sep 1, 2022 | Everything Else
Every time you listen to Chairman Powell, or in fact, any central banker, they will tell you that they take certain actions that are data dependent. Data dependent – meaning that whatever decision they make is going to be based on new data that’s coming...
by Slight Revision Support | Sep 1, 2022 | Everything Else
There’s this fatigue, COVID fatigue occurring. There is a resurgence of COVID that nobody wants to talk about. Luckily, it is a mild form. We have transitioned from calling it pandemic to endemic. Whatever we want to call it, COVID is not going away. COVID is...
by Slight Revision Support | Sep 1, 2022 | Everything Else
Chairman Powell of the Federal Reserve has been getting a lot of bad press about his actions being too late, not being enough, or being too heavy handed regarding the US economy. The commentary is from everybody. These comments are perhaps correct from their vantage...
