Peter's Blog

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.  One key metric shown below is the “Wenzel” 13-week annualized money […]

Critics of inflationary policy are correct to describe inflation as a subtle tax, with the heaviest burden falling on the poor. While inflation is indeed a regressive tax, it’s also helpful to view and describe money printers just as we would counterfeiters or embezzlers. The following article was originally published by the Mises Institute. The […]

With recent economic data pointing to an uncertain economic future, M2, a primary measure of the money supply, shows a flattening in the supply of money. But, as more precise measures of money show us, this trend may indicate a latent recession in the dollar-fueled economy. The following article was originally published by the Mises […]

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.  One key metric shown below is the “Wenzel” 13-week annualized money […]

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

As is the case with many new regulations, the 2022 Inflation Reduction Act (IRA) had the opposite effect as what was implied by its name. President Trump campaigned on reducing inflation and bringing down prices.

One of the long-touted goals of central banking is “price stability,” which, in the minds of central bankers, means low and continuous inflation. Even if this goal wasn’t cover for inflationist policy, it’d still be important to note that “price stability” is actually an unachievable goal when properly understood.

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

Much of the current regime is predicated on the notion that ivory tower intellectuals are capable of determining and controlling the “optimal money supply.” In reality, this is preposterous. All the Fed’s tinkering accomplishes is cultural decline, rising prices, and misplaced anger at the private businesses that serve the economy.

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.