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...
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...