Monetary Lags and the Acute Recession of 2023

January 3, 2023  Fed Chair Jerome Powell remains unimpressed with the reduction of the rate of inflation; down to 7.1% in November, from 9.1% June. The Summary of Economic Projections shows a desire of the Fed to increase their forecast for the Fed Funds Rate to 5% in...

Fiscal and Monetary Policy Shocks

December 16, 2022 The cornerstones in my Inflation/Deflation and Economic Cycle Model are changes made to fiscal and monetary policies. Those are the two most determinant factors in any fiat-currency and debt-based monetary system. Monetary policies have been...