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There is virtually zero probability that this 75 bps hike would even moderately reduce the inflation numbers though this hike is big enough to guarantee the onset of the Minsky moment i.e. setting off an Inflationary Depression
Economy

Powell hikes herald “the Minsky moment”

Shanmuganathan Nagasundaram - 0
75 bps raise the right move by US Fed? The 75 basis hike by the US Federal Reserve on June 15th was quite extraordinary for...
Inflation | In this article, the author focuses primarily on the Hyperinflation aspects though the latter phenomenon is an inevitable consequence of the former
Economy

Is the world about to be Weimared?

Shanmuganathan Nagasundaram - 2
The word “Weimar Republic” is usually associated with two major events: Hyperinflation of the German Papiermark between 1921 and 1923. The rise of the...

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