Fear and Inflation — The Timeless Policy Tools of Discredited Systems

If you’re wondering why the media, markets and mandates are making less sense despite a constant flow of hard facts contradicting their message, it’s critical to watch what is done rather than said by the policy makers behind the fear and inflation “new normal.” The Latest Fed-Speak Translation: From “Transitory” to “Persistent” Inflation To the extent there’s anything exciting about a cornered Jerome Powell, he was at least able to drop some bombshells at his November 30th meeting before Congress, including a truly cutting-edge observation and fear that inflation forces are “more persistent” and that it’s now time to retire the word “transitory” regarding the same. … Continue reading →

Source: Fear and Inflation — The Timeless Policy Tools of Discredited Systems

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