Warsh’s Concerning Interest In Redefining “Inflation” | Crypto Craft

  • Warsh’s Concerning Interest In Redefining “Inflation”

    From tippinsights.com

    As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation reports. Essentially, Warsh signaled that he believed in focusing primarily on inflation data from core or even trimmed price indexes. To understand what that means or why it matters, it’s important to note that, originally, “inflation” was a term that simply meant ... (full story)

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Schultz
40 hr ago — Edited
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This is written from the pen of a disciple of the Austrian School of thought. Beware of this or anything associated with the thoughts of Rothbard or Mises purporting to have any merit as explaining economic theory or reality.

Better known as "heterodox economics" amongst polite folk who are adept at noticing fundamental issues and logical inconsistencies.

Leaves a bitter taste, bad in the mouth like the pulp of rotting fruit. A little bit like propaganda - just a little bit of truth and perhaps some identifiable ideas around a whole lot of other empty words.
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