by sslifer | Aug 19, 2022 | Commentary for the Week, NumberNomics Notes
August 19, 2022 We have argued for some time that the underlying cause of the current soaring inflation rate was the surge in money supply growth that began in March and April 2020. Money growth skyrocketed as the Fed expanded its balance sheet by $3.0 trillion in...
by sslifer | Aug 12, 2022 | Commentary for the Week, NumberNomics Notes
August 12, 2022 The recently passed “Inflation Reduction Act” (IRA) is being hailed by President Biden, Democrats, and climate supporters as a game changer. It will allegedly reduce inflation, shrink the deficit, reduce carbon emissions and improve our climate. We...
by sslifer | Aug 12, 2022 | Commentary for the Week, NumberNomics Notes
August 12, 2022 The markets survived the recession scare in the first two quarters of this year. However, they remain convinced that the peak in interest rates is not too far distant. Thus, they believe that growth will have slowed enough, and inflation will have...
by sslifer | Aug 5, 2022 | Commentary for the Week, NumberNomics Notes
August 5, 2022 GDP declined in the first two quarters of the year. Some economists suggest that the economy was in recession during that period of time or about to go into one. But many economic indicators tell us that was not the case. Employment, industrial...
by sslifer | Jul 29, 2022 | Commentary for the Week, NumberNomics Notes
July 29, 2022 The recession/no recession debate will continue for a while and be especially heated amongst politicians. When the dust settles we are certain that the National Bureau of Economic Research (NBER) will not categorize the performance of the economy in the...
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