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Powell Brings Back the Term Transitory – Is America Doomed?

Powell Brings Back the Term Transitory – Is America Doomed?

by Andrew Moran | Mar 21, 2025 | Articles, Business News, Opinion

As inflation began to edge upwards under former President Joe Biden, America’s top experts sought to calm fears by insisting such a rise was merely “transitory.” In late 2021, when inflation began to spiral out of control – proving that it was anything but...
Transitory Inflation Talk Has Returned

Transitory Inflation Talk Has Returned

by Andrew Moran | Nov 24, 2023 | Articles, Business News, Good Reads, Opinion

By now, you are aware of the pish-posh history of “inflation is transitory.” The current administration and the Federal Reserve insisted that the trillions of dollars in fiscal and monetary stimulus and relief would not trigger a bout of inflation. Then, policymakers...
Has ‘Transitory’ Inflation Destroyed Federal Reserve Credibility?

Has ‘Transitory’ Inflation Destroyed Federal Reserve Credibility?

by Andrew Moran | Nov 16, 2021 | Articles, Business News, Exclusive Member, Good Reads

“Who are you going to believe?” Chico Marx asks in Duck Soup. “Me or your own eyes?” The Federal Reserve insists that stubbornly persistent high inflation, clocking in at its highest level since 1990, is transitory. After 18 months of the largest monetary expansion in...

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