Commodity Trade Mantra

Posts Tagged ‘Monetary Economists’

The Bear's Lair: Where's the link to Inflation broken?

Monetary economists around 2009-10 were sure that the Fed’s unprecedented creation of “narrow money” in the form of bank reserves would show up fairly quickly in a burst of inflation. The Fed has increased monetary base by $3 trillion, or 319%, since Sep 2008. Yet inflation remains very subdued – Why?

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