
It’s a mountainous monetary problem. “Inflation is always and everywhere a monetary phenomenon.” — Milton Friedman
This is a real-time case study. Color me skeptical about a “soft landing.” At the very least, there’s likely to be some bumps.
More By This Author:
Macro: Home Prices — Improbable DivergenceMacro: Consumer Confidence
Macro: Dallas Fed Mfg Survey




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