By: Jeff Deist Remember the quaint old days of 2019? We were told the US economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good chance Donald Trump would have been reelected. At an event in 2019, my […]
Inflation
Federal Reserve’s money-supply expansion still holding steady amid tightening
Despite the Federal Reserve raising interest rates and trimming its $8.9 trillion balance sheet, money-supply expansion has yet to fall off a cliff. Although there was a sharp drop in the M2 in the week beginning April 11, there has been an ebb and flow of the printing presses since the end of April. Here […]