2023-08-05 07:06:27
The most important cause of price inflation is growth in the money supply in excess of economic growth. The Fed’s recent interest-rate hikes have caused the M2 money supply to drop. Thus, it is not surprising that inflation has dropped, nor is the drop caused by legislation. [Link][Link] NEEDS_MORE_RATINGS(3-0-3) Author
2023-08-05 10:13:10
Positive results on unemployment and inflation are certainly worth celebrating. Yet, it's equally important to address the quality of the jobs created and how lower inflation impacts various sectors of the economy. In-depth analysis enhances our economic understanding. [Link] NEEDS_MORE_RATINGS(2-1-3) Author
2023-08-08 12:24:55
NNN. The data is factual. Relief legislation in 2020 (under Trump) and 2021 (Biden) are credited with the rapid economic recovery, making the deepest recession in the post-World War II era also the shortest. [Link] NEEDS_MORE_RATINGS(0-0-1) Author