Federal Reserve Must Follow Paul Volcker's Approach in Decisively Beating Inflation (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
March 29, 2024, 05:32:28 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  Economics (Moderator: Torie)
  Federal Reserve Must Follow Paul Volcker's Approach in Decisively Beating Inflation (search mode)
Pages: [1]
Author Topic: Federal Reserve Must Follow Paul Volcker's Approach in Decisively Beating Inflation  (Read 1503 times)
Fmr. Pres. Duke
AHDuke99
Atlas Star
*****
Posts: 24,021


Political Matrix
E: -1.94, S: -3.13

P P
« on: August 16, 2022, 02:57:04 PM »

You can't have stagflation when the economy is at full employment.

This is an economy almost like nothing we have ever seen before. We have a strong job market, high inflation, shortages galore, yet we have seen two quarters of economic contraction.

I don't think the Fed is going to act as Volker did nor should it. We are already seeing inflation beginning to ease and the housing market come to a grinding halt. I suspect we will see another 75bps rate hike in September and that may be the last of that going forward, absent inflation picking up again.

I also suspect once student loan payments are reinstated, you will see inflation drop further as people will have less disposable income than they did before.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.016 seconds with 13 queries.