Easy Money (2-cont.): Fed Policy Understates Money Growth

Thursday, April 21, 2011

During the Fed’s easy money policy, official money supply growth looks moderate. Therefore, there seems to be little indication of high inflation risk.

However, the easy money policy has caused money supply dislocations. When adjusted for these, money supply growth increases appreciably, thereby raising inflation concerns.

Here’s the situation…

This article is posted on SeekingAlpha.com.

Tags: , , , , , , , , , , ,

Leave a Reply

You must be logged in to post a comment.

Search

John Tobey on Seeking Alpha

Seeking Alpha Certified

April 2011
S M T W T F S
« Mar   May »
 12
3456789
10111213141516
17181920212223
24252627282930