ok, this week i am doing both macro and 101 based on feedback.
we will review the Fed’s recent remarks and what to expect for the September rate decision for macro and then take that opportunity to...
One distinction worth hammering in the 101: inflation is the expansion of money and credit, rising prices are the symptom. CPI watching alone confuses cause and effect. For long-run debasement, balance sheet size and fiscal deficits matter more than any single rate decision. That framing changes how you read every Fed statement.