Yes, the United States follows a public policy based on capital markets, credit, and voluntary into contracts. The government cannot compel market activity, although it attempts to create a narrative that encourages spending and entering market transactions, i.e., the purchase of health insurance.
But taking credit for managing an economy beyond what policy and the law says you can do only sets the stage for an administration to attempt undue interference in the economy.
To give you some ground level insights into cost of eating in West End Atlanta, I am sharing the costs … More
Federal Reserve. inflation. “At some point, as we continue to tighten monetary policy, it will become appropriate to slow the … More
There are a significant number of naysayers on YouTube warning of impending gloom and doom as the U.S. central bank, … More
Politically, Mr Biden needs the markets’ forward looking indicators to be off. In seven weeks the Democratic Party will be tested in the mid-term elections. Mr Biden is counting on an argument that he is the steward for a recovering economy and that he will need majorities in the House and the Senate to continue his inflation reduction agenda.
We engage to mitigate fear … Government is the result of a need held by traders. People have no reason … More
According to data from NADEX, there is a 57% chance the GBP/USD will close above 1.1675. I expect the rate … More
For traders, I would expect that increased short term rates will make the dollar more attractive and politically will find Mr Biden having to spin a new and positive narrative around rising rates.
Is bitcoin a hedge against inflation? I hear that a lot, but one should be wary of the sources of that argument. They are a bunch of speculators on YouTube making that argument versus regular consumers making household purchases. The consumer price inflation index does not incorporate speculation in its household shopping cart and nor should you.
Stacey Abrams and Brian Kemp should either remain silent on inflation or at, maximum, learn the causes of inflation and share that knowledge with voters. What they are proposing in terms of spending and taxation provides political optics and nothing more.