Thoughts from the Frontline Archive, August 2022

Your Inflation May Vary
  • August 26, 2022

Your Inflation May Vary

People who think about the economy are a non-random subset of the population. Most folks aren’t like us. Worse, we aren’t always like us. Hence the endless arguments.

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Muddling Through Stagflation
  • August 19, 2022

Muddling Through Stagflation

This week I am at the Cleveland Clinic going through numerous tests. Some have not been good news. It seems lifestyle changes are needed so I can keep writing and working for many more years.

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Curving Toward Stagflation
  • August 12, 2022

Curving Toward Stagflation

The latest data shows inflation is still with us at an 8.5% annual rate. That means we can expect the Fed to keep tightening, trying to reduce demand and relieve pressure on consumer prices.

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Weirdness Factors
  • August 5, 2022

Weirdness Factors

It’s a recession! No, not yet! I see these arguments everywhere and I’m already tired of them. For those who believe it is not yet a recession, I will make a deal with you. The third quarter is likely to be negative. When we have three quarters of a recession in a row, just give it up.

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