If you haven’t read economist Arthur Laffer’s Op Ed in today’s Wall Street Journal you should. Mr. Laffer explains how the Federal Reserves unprecedented expansion of the money supply could lead to rising inflation and interest rates that would make the ’70s look benign: Rahm Emanuel was only giving voice to widespread political wisdom when […]
Inflation
Poll Question: Is the U.S. Economy Headed for a Recovery or a ‘Dead Cat Bounce’?
Ok folks, here’s the 64 trillion dollar question for you… [poll id=”14″] I’m leaning toward dead cat bounce for various reasons… In short all the money the Federal Reserve and the Federal Government are pumping into the economy will have a positive effect and we will see GDP rebound in the short term. In the […]