Nov'22 FOMC Digest

Nov 3, 2022

∙ Paid

In my Sep’22 FOMC digest, I highlighted that it appears that Jerome Powell…

Does not seem to acknowledge the difference between Monetary Inflation and Dearth Inflation: He justified stricter monetary policy with energy shortages due to the Ukraine war, which is a classical example of Dearth Inflation (true scarcity of certain product…

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