1) Are we in a recession?
2) The housing downturn is only just beginning.
3) Is the Fed pivoting to easing?
Here are some things I think I am thinking about: 1) The Money Multiplier Lives! Longtime readers are probably very tired of watching me try (unsuccessfully) to kill the money [ … ]
Here’s a new Three Minute Money episode. We’re still cranking through some basics, but this one needs reiterating because the money multiplier seems to be immortal. Ideas like “fractional reserve [ … ]
The most recent headline CPI came in at 9.1% so it might seem odd to think that the risk of disinflation and deflation is rising. But while the CPI is [ … ]
It’s been 8 years since I first published my book Pragmatic Capitalism and I finally got around to updating the book with a Second Edition. It had become very hard [ … ]
Here are some things I think I am thinking about: 1) Inflation has peaked. Back in January I said inflation had peaked. This morning’s Core PCE data seals the deal [ … ]