Tag Archives: UBD

Milton Friedman and the Monetarist Reflex: Can the Fed create inflation?

milton

These are complicated times, especially when it comes to inflation. An excess of debt, both private and public, has retarded the spending stream, resulting in sluggish economic growth. Given the Fed’s legislated commitment to prevent financial implosion and unemployment, rounds … Continue reading

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The Bond Market Rocket and Fiscal Unsustainability Are On a Collision Path

rocket

Recently, the bond market has been in rocket mode. It has achieved liftoff and slipped the surly bonds of earth. And some believe it will keep going.  The price of the U.S. Treasury 10-year bond recently reached an all-time high, … Continue reading

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