Inflation has been generally flat since the early 1990s (until recently), but the Price Acceleration Index seems to indicate both significant deceleration and acceleration during that time. Not seeing much correlation (especially in relative magnitude) in recent history. Would be nice to see a line for inflation charted onto your graph.
V2 is at/near all-time lows and has been plummeting since 2007 despite ZIRP (effectively) for over half that time…seems it would take extraordinarily aggressive Fed action to beat down the economy enough to have the desired effect (monetarily). Credit markets would soon break with such aggressive action, killing growth. Supply-side friendly policies are the (much) better cure to current inflation, starting with “Drill, baby, drill!”
The boneheads in Congress could have just pushed money into unemployment but decided to buy votes by sending everyone newly minted monies. When will we elect people that are fiscally responsible?
Inflation has been generally flat since the early 1990s (until recently), but the Price Acceleration Index seems to indicate both significant deceleration and acceleration during that time. Not seeing much correlation (especially in relative magnitude) in recent history. Would be nice to see a line for inflation charted onto your graph.
V2 is at/near all-time lows and has been plummeting since 2007 despite ZIRP (effectively) for over half that time…seems it would take extraordinarily aggressive Fed action to beat down the economy enough to have the desired effect (monetarily). Credit markets would soon break with such aggressive action, killing growth. Supply-side friendly policies are the (much) better cure to current inflation, starting with “Drill, baby, drill!”
The boneheads in Congress could have just pushed money into unemployment but decided to buy votes by sending everyone newly minted monies. When will we elect people that are fiscally responsible?