Jerome Powell says there’s no inflation, so he’s got to keep interest rates at zero. What a moron. Look over there, you corrupt, self-serving bureaucratic, billionaire-loving parasite:
Look Over There, JP
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Exporting Deflation
Three topics were dominating the news this morning: the Gates divorce, inflation, and the trade deficit.
I’ve got nothing to say about the Gates divorce, except that it’s shocking and saddening. I had always assumed their being a couple was eternal, but who knows what happened behind the scenes. I’ve got no chart for it.
As for the data news stories, I looked at our Economic Database for some charts. When I was growing up, inflation is all people thought about. Over the past thirty years, it had faded from the national conversation. Let’s just say I think it’s coming back in style and will be here for a long time to come.
