Category Archives: Macroeconomics

A $10 Trillion Rescue Package: Will it Ignite Inflation?

“Inflation is always a monetary phenomenon that occurs by a rapid increase in the quantity of money.” —Milton Friedman (Nobel Prize Recipient) Inflation averaged 3.2% since 1914; today it sits anchored at .2%. There have been episodes of high inflation … Continue reading

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-4.9% Global GDP 2020 Forecast

The coronavirus has brought illness, death, unemployment, hardship, uncertainty, and a widespread recession. According to the IMF’s World Economic Outlook, global economic production of all goods and services is forecast to decline by 4.9% in 2020, gutting production by a … Continue reading

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