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Prices and purchasing power are determined by how individual consumers value goods and services. The "velocity of money" won't help us understand prices or the money supply.

During March 2020, year-over-year (YOY) growth in the money supply was at 11.37 percent. We're now seeing a trend similar to what we saw during late 2008 and early 2009.

The Italians could learn some lessons about healthcare from the South Koreans, who still maintain a robust private market in health insurance. Although the Koreans have relatively ample resources for COVID-19 patients, Italy's state-dominated system is quickly running out of options.

Hunter Hastings and Mark Packard discuss the value learning process, a new way of thinking about how to be a critical catalyst for a customer’s value experience.