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www.soberlook.com
| | digbysblog.net
3.6 parsecs away

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| | [AI summary] The article discusses the U.S. economy's strong post-pandemic recovery, highlighting its outperformance compared to other major economies and the effectiveness of fiscal policy over monetary policy in economic management.
| | www.moneyandbanking.com
3.6 parsecs away

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| | "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v...
| | soberlook.com
0.1 parsecs away

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| | It was all going well when Draghi started speaking. Yes the ECB is "working" on a bond buying program. Until this comment came out: B...
| | uneasymoney.com
15.9 parsecs away

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| Larry Summers continues to lead the charge for a quick, decisive tightening of monetary policy by the Federal Reserve to head off an inflationary surge that, he believes, is about to overtake us. Undoubtedly one of the most capable economists of his generation, Summers also had a long career as a policy maker at the...