Displaying all articles tagged:

Inflation

  1. intelligencer chats
    How Government Could Make the Inflation Problem WorseWith politically damaging price increases showing no signs of easing, it may be tempting to take counterproductive measures.
  2. the federal reserve
    The Big Problem With the Left’s Case Against Jerome PowellOne can imagine an aggressively anti-carbon Fed chair. But the U.S. Senate will not confirm one.
  3. economy
    When America Had a Moral Panic Over InflationThe economic crisis of the 1970s has valuable lessons for Joe Biden.
  4. the economy
    America’s Inflation Debate Is Fundamentally ConfusedTo raise real wages and lower Americans’ cost of living, we need to inject more demand into the economy, not less, economist J.W. Mason argues.
  5. inflation
    Why Inflation Panics Are Poison for Progressive PoliticsLessons from the Nixon era.
  6. the federal reserve
    Inflation Surged in June. The Fed Should Do Nothing About It.Pandemic-induced bottlenecks are proving more potent than expected. But raising interest rates won’t fix the problem.
  7. inflation
    Why Inflation Is Lower Than It LooksPrices are returning to the pre-pandemic norm, which looks like a giant spike in annual inflation.
  8. the economy
    The Case for (and Against) Worrying About InflationRising prices could be a sign of impending crisis — or just the birth pains of a post-COVID boom.
  9. economic policy
    Letting the Economy Create Jobs for Everyone Is (Sadly) RadicalIf Biden executes his plan for full employment, heightened class conflict will ensue.
  10. the federal reserve
    Why the Fed Isn’t Worried About Inflation (Yet)The central bank wants inflation to run above 2 percent for some time, and links existing price rises to reopening-induced supply shocks.
  11. the economy
    3 Reasons April’s Inflation Will Probably Be TemporaryPrice rises were concentrated in sectors heavily impacted by the pandemic.
  12. Trump Bashes Fed for Interest Rate Policy He Once SupportedHe really does not seem to understand that presidents are supposed to shut up about the independent Fed’s policies.
  13. Most Americans’ Wages Have Actually Declined Over the Past YearRising inflation has consumed the working class’s modest wage gains, leaving most Americans’ real incomes 0.1 percent lower than they were a year ago.
  14. Is Trump’s Battle With Amazon Like Kennedy’s War With U.S. Steel?JFK thought U.S. Steel’s CEO reneged on a deal needed to keep the economy stable. Trump’s attacks on Amazon may really be about the Washington Post.
  15. Trade War Fears Freak Out Markets, Which Should Freak Out TrumpThe stock market has been Trump’s best friend. That isn’t necessarily going to be the case going forward.
  16. Latest Jobs Report Is a ‘Dream’ for Wall StreetStrong employment growth and low wage growth is just what the doctor ordered for stocks. But a possible trade war still looms.
  17. The 3 Claims Republicans Are Making About Their Tax Bill’s EffectsSome of the good things tax cuts produce are ephemeral; others could backfire.
  18. No Longer a ‘Blip’: Stocks Skid Yet AgainIt’s now officially a “correction,” but the volatility may continue.
  19. the national interest
    Inflationista John Cochrane Wrong But Not SorryWe can see the new goalposts somewhere off in the distance.
  20. the coming econopocalypse
    Bring On the Dancing Gold BugsThank you, inflation.
  21. economic indicators
    Meredith Whitney Has Something Good to Say About the EconomyFor a few seconds at least.
  22. international intrigue
    China’s President Comes to Washington, Negs the DollarHu Jintao: A dollar-based currency system is a “product of the past.”
  23. managed expectations
    Inflation, Here We Come?Ben Bernanke promises to spend $600 billion so America doesn’t turn Japanese.
  24. homes for everyone!
    John Paulson Would Like You to Buy As Many Homes As You CanBuy your sister-in-law’s nephew a home!
  25. white men with money
    Among Other Things, Eliot Spitzer Has Contributed to Hooker Inflation When we were little, our grandpa used to tell us stories about the olden days. “Used to be, you could get a hooker for a dollar!” he’d say. “Those were the days.” Sigh. If Grandpa had seen the complaint filed in the bust of Emperor’s Club — well, he’d have about keeled over. The preferred escort service of former governor Eliot Spitzer, according to the complaint, charged between $1,000 and $5,000 an hour. And, as one potential prostie was heard to complain, that didn’t even include dinner. Inflation affects even the oldest profession, and according The Wall Street Journal, the “wealth boom — and the explosion in the number of multi-millionaires — has created entirely new pricing levels for escorts.” Of 661 people who own private jets, a survey from Prince & Associates, a Connecticut-based wealth-research firm, found, 34 percent of males and 20 percent of the females had paid for sex. And that’s just of people who owned private jets. If you apply those percentages to, say, people who own BMWs, that’s enough to skew the numbers for everyone. But at least one thing remains the same since Grandpa’s* day: The most popular reason the people surveyed gave for using escorts was “unique experiences.” How the New Rich Are Changing the Oldest Profession [WSJ] Earlier: You Can Say This About the Girls of the Emperor’s Club: They’re No Morons *We made this bit up. Our real Grampy, God rest his soul, was a wonderful man and a devout Catholic who never ran with loose women. With the exception of his second wife. But they were married.