‘The FED took advantage of declining money velocity to unleash a deluge of printed currency. But as velocity picks up again, long-term inflation is an inevitable outcome.’ February 5, 2023 7:41 pmFebruary 4, 2023 6:19 pm
Fed’s Ability to Set Rates Floor Is Weakening on Cash Deluge (“Charming” Powell Had At Least 350 Meetings, Dinners Or Phone Calls With Members Of Congress) August 24, 2021 6:39 pm