Renting Vs. Owning
Would-be home buyers may be forced to rent the American dream (rather than buy it) Source: 60 Minutes Here is the key aspect of...
Normalization vs Inflation
Last week, we compared monetary vs fiscal stimulus. Understanding the differences in how each manifests in the economy is...
Transitory Is Taking Longer than Expected
CPI came in hotter than expected today, up 0.6% in January (seasonally adjusted); Year-over-year the increase of 7.5% (no...
Inflation & the Elephant
To hear an audio spoken word version of this post, click here. Every discussion I hear about inflation...
Wages, Inflations & the Economy
I spend an hour chatting with Pete about wages, inflation, and why so many economists are experts about the way the world...
Structural or Transitory?
To hear an audio spoken word version of this post, click here. Everybody seems to be having a hard time with the...
What Do You Think CPI Will be in A Year?
Getting bored with the ideological aspects of the inflation debate, I asked the Twitter crowd for their opinion: “What is...
Faster / Better / Cheaper
Source: CB Insights I have been discussing technology-driven productivity gains a lot lately (see this, this, or this). And...
How We Experience Time, Inflation Edition
To hear an audio spoken word version of this post, click here. The Consumer Price Index print today of 6.2% is the...
Productivity Is Offseting Wage Gains
50 Years of Productivity Gains To hear an audio spoken word version of this post, click here. There has been lots...