There has been a heated debate lately about whether inflation is transitory or not. I think I caught this discussion a little late, but for various reasons, it took me quite a while to finalize this post, and I see no reason not to share it now. Note that most of the post was written […]
https://www.themoneymischief.com/indicators-of-a-good-monetary-policy/
Many experts seem to have mixed feelings about AIT. While some experts are sure that AIT will be disastrous, pro-free market economists tend to view the situation as a rejection of Keynesian Phillips Curve models. The paragraph that caught my attention in Powell’s speech was this: “Our revised statement says that our policy decision will […]
https://www.themoneymischief.com/the-feds-new-strategy-tiny-steps-forward/
