Silicon Valley Bank Collapse: Bank crises hold a warning for the Fed
The key question in the short run is how much this effort to avert a banking crisis is going to undercut the effort to bring down inflation.
Source: afr.com
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Heaven from Hell - Daily Reckoning Australia
Between war, interest on the debt, and regulation, we’re already facing US$4 trillion a year. This is equivalent to spending about 85 cents of every dollar of federal tax income on things that ‘The People’ don’t really want or need…things that will make us all poorer.
Source: dailyreckoning.com.au
Paul Krugman: Why the Fed will have to keep on raising interest rates
Even as debate rages over whether inflation was caused by pandemic disruptions or excessively expansionary policies, it’s clear it’s too high.
Source: afr.com
Breitbart Business Digest: Progress on Inflation Has Stalled as Demand for Services Stays Strong
The services sector index for February shows that progress on inflation has definitely stalled as demand for services remains strong.
Source: breitbart.com
Opinion | Wonking Out: Peering Through the Fog of Inflation
If you aren’t feeling a bit lost, you aren’t paying attention.
Source: nytimes.com