Friday, January 28, 2022
M2 and Nominal GDP Update: still growing rapidly
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I am fascinated by the fact that these days hardly anyone is talking about the very rapid growth in both M2 and nominal GDP. Both suggest th...
42 comments:
Wednesday, January 12, 2022
The bond market is wrong about inflation
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I've been making this point for quite some time now, so the purpose of this post is mainly to update the argument with the latest news. ...
41 comments:
Friday, January 7, 2022
Gold and the Fed
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In response to a reader's comment regarding why gold prices these days are falling while inflation is rising, I offer two charts which m...
4 comments:
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