Another Government Shutdown in Fall 2023? Congress appears to be on track to trigger a government shutdown on October 1, 2023 Why? Since it is not expected to pass the 12 appropriations bills that fund government operations before the start of the new fiscal year.
Another Government Shutdown in Fall 2023? Read More »
Of course the FED caused inflation! “Inflation is always and everywhere a monetary phenomenon!” Free money and negative rates fueled the fastest rise in MS increasing inflation significantly and now it is shrinking at an extremely fast pace.
Of course the FED caused inflation! Read More »
Periods of “easy” money – ZIRP, free money, & other loosen monetary policies always leads to some type of correction/crash. From 2007 to 2022, the Fed has lowered interest rates to near zero while the government increased deficit spending.
Prices Rising Slightly on Main Street as Inflation Remains a Top Business Problem NFIB’s Small Business Optimism Index0.6 in August to 91.3, the 20th consec month below the 49yr ave of 98. 23% sm bus owners reported inflation was most import bus prob, 2pts from last month.
Prices Rising Slightly on Main Street as Inflation Remains a Top Business Problem Read More »
Could our natural unemployment rate be LOWER now because of lower frictional unemployment due to the rise in remote workers thus reducing the “friction” of location and moving for work? COVID did change the way we work. Could we be in a structural shift since remote work has
US labor productivity, or output per hour worked at nonfarm businesses, fell at an annual rate of 2.1 percent in Q12023 vs. Q42022, and down 0.8% Y/Y. 5 straight Qs Negative Y/Y productivity growth, the longest since 1948.
Can Inflation be overstated because of NOT adjusting to QUALITY CHANGE? YES! ***Analysis of changing food product characteristics suggests that conventional measures may substantially overstate food-price inflation. Source: NBER
Can Inflation be overstated because of NOT adjusting to QUALITY CHANGE? YES! Read More »
A lot of people talking about the coming recession and housing crash with massive vacancies and default investories coming to market. However, let’s talk about solutions and how to prepare. I’ll suggest one. Remain liquid & reduce superfluous debt. You?
“Doesn’t matter how LOW your rates are if you can’t make your payment due to job loss or other” “How are income producing properties going to meet their debt service without income due to vacancies?” Spoke about this in April on @TheROShowPod https://youtu.be/rwq_LmrGzUY
Inflation & devaluation of currency encourages short termism over long termism.People spend their money & more (DEBT) NOW & don’t save for future due to fear of loss in purchasing power. It changes our thinking & behavior.We spoke about this concept: https://youtu.be/4h_XR_sKzBE
Inflation & devaluation of currency encourages short termism over long termism. Read More »
