Note: This article on recession preparation has been updated in light of the COVID-19 virus pandemic. The coronavirus is upon the West. Stock markets are in free-fall. Almost all measures that can slow the virus down and save lives will hit economic activity. This challenge could persist until we see…
Browsing: economics
You might think that inflation is just something that happens, but in reality it’s a policy tool with specific uses, including a means of reducing the public debt.
Roll up, roll up, for another widely-quoted measure of stock market valuation with more flaws than a cut-glass diamond.
The US is drowning in debt and is doomed? No it’s not, if you also consider it has assets. It’s just another example of my crazy law of big number distortion.
