Hyperinflation: Is it Coming? (via  Modeled Behavior)

I have been meaning to do a post of the “huge surge” in money the Fed has printed and its implications for the future. Jim Hamilton has a nice wonky discussion of it, though I am a bit confused by his point about there being no safe interest bearing overnight loans. This is a function of monetary policy not a constraint. Anyway, I thought I would discuss the issue in a bit more pedestrian way: Early on I thought the concern over the huge spike in … Read More

via  Modeled Behavior


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