Relevant and even prescient commentary on news, politics and the economy.

A Booming Economy and Lower Prices?

Trump claimed last week on social media that “Our economy is BOOMING, and Costs are coming way down,” and that “grocery prices are way down.” Rubbish. How do I know he’s lying? Official government statistics haven’t been issued during the shutdown — presumably to Trump’s relief (the White House said Wednesday that the October jobs […]

With a Booming economy comes at least transitory inflation

With a Booming economy comes at least transitory inflation: March producer prices One of the economic subjects you are going to hear a lot about this year is inflation. We are recovering from a sharp if brief recession, and with the dual firehoses of fiscal and monetary stimulus, entering a Boom such as we have […]