Wednesday, October 28, 2020
Treasury Interest Rates
Economic Policy

Treasury Interest Rates

Have you noticed the headlines and blurbs about the inversion occurring in Treasury rates? The information usually has a warning that rate inversion could signal a potential recession. That's wisdom worth heeding, but for anyone…

OPEC Extra Cost
Economic Policy

OPEC Extra Cost

High Prices A cartel, like OPEC, increases its profit by creating a scarcity that can only be unlocked by higher prices. It works best (or worse depending on your perspective) when the product is essential…

Inflation Measurement
Economic Policy

Inflation Measurement

CPI Inflation The monthly CPI announcement gets the lion's share of inflation attention, but it's only half the story. The other side of the story is earned income. Is your income keeping up with inflation?…

Exorbitant Privilege
Economic Policy

Exorbitant Privilege

Reading Barry Eichengreen’s latest book, Exorbitant Privilege.  He is excellent on explaining  econ history, but not so much on future projection.  Exorbitant Privilege is about the benefit to the US from the dollar position as…