The folly of collectivism, reflation, small business credit supply and real rate risk I will be appearing on Bloomberg TV with Jonathan Ferro at 9:30 AM EST on Monday Please listen to our podcast for a summary of the latest weekly note Reflation Figure 4: This chart is the best illustration of why the Fed should target price stability not a 2% target. We are unconvinced by their deflation risks thesis, low level disinflation from productivity enhancing technology is positive. Stable prices boost investment.
Podcast: Reflation
Podcast: Reflation
Podcast: Reflation
The folly of collectivism, reflation, small business credit supply and real rate risk I will be appearing on Bloomberg TV with Jonathan Ferro at 9:30 AM EST on Monday Please listen to our podcast for a summary of the latest weekly note Reflation Figure 4: This chart is the best illustration of why the Fed should target price stability not a 2% target. We are unconvinced by their deflation risks thesis, low level disinflation from productivity enhancing technology is positive. Stable prices boost investment.