Tag: US Fed

Independent economic analysis and advice

We Don’t See It, but the Inflation is There

If you don’t control the money supply then inflation will rise.  But why have the past few years been so different? Where is all the inflation? It’s in the system, we just haven’t seen it yet and it may be some time before we do.

inflation

The Great (Coming) Inflation

Increasing the money supply will result in future inflation. We don’t know when. The past few years have seen very loose monetary policy. What is next?