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“Transitory” is the New Spandex: Powell Admits it, Still Denies its Cause. Why this Inflation Won’t Go Away on its Own

“Transitory” is the New Spandex: Powell Admits it, Still Denies its Cause. Why this Inflation Won’t Go Away on its Own Blames tangled-up supply chains but not what’s causing supply chains to get tangled up in the first place: The most grotesquely overstimulated economy ever. Fed Chair Jerome Powell, during a panel discussion hosted by […]

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Transitory Inflation Takes Hold of the Economy – How Long Will It Last?

Transitory Inflation Takes Hold of the Economy – How Long Will It Last? Cherry blossoms symbolize the fleeting nature of all things. Photo by Haoshuang Lou Just a couple of weeks ago, Bloomberg reported that Federal Reserve Chairman Jerome Powell sold investors on the idea that rising inflation wasn’t going to last. Officially, as of May 2021, inflation had risen […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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