inflation

Pricing increases aren't just due to supply shortages or price gouging by American and European corporations.

Following a year of soaring inflation, Russia's war in Ukraine is forcing policymakers and commentators to take stock. The days of thoughtless demand stimulus, guaranteed bailouts, and active climate measures must now be put behind us, according to new macroeconomic realities.

'Isn't he going to blame Vladimir Poopin'?' enquired one Twitter user

Ricardo Salinas Pliego, Mexico's third-richest billionaire, has described his story of living under hyperinflation. He cautioned that the United States and numerous other civilized countries are 'on the same path' as his country in the 1980s.

Do the low inflation rates mean that the purchasing power of Japanese and Swiss citizens has increased relative to other countries over time? The answer seems to be no.

Theoretically, the US might avoid inflation and avoid a recession by achieving massive productivity improvements. However, do not count on it.

Why do the vast majority of economists believe the Fed should control the money supply from a central location?

Another gift from the Federal Reserve: Frito-Lay recently started putting fewer chips in a bag of Doritos, cutting the weight of a bag about 5% from 9.75 ounces to 9.25 ounces in the process, which made the bag lighter by 5%.

Monetary policy cannot undo the damage caused by negative supply shocks such as war or government shutdowns caused by a pandemic.

The fate of the world is in the hands of a man who is weak-willed and mentally ill, to say the least.