Money and Banks

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Ryan McMaken

Powell said that moving forward "we think it's time to just go to a meeting by meeting basis." Translation: "Things might go even more off the rails at any time, so let’s just play it by ear."

Ryan McMaken

It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation. 

Ryan McMaken

June was the fifteenth month in a row during which price inflation outpaced earnings growth. June's gap is also among the biggest we've seen in decades.