Household Wealth plunged by a record-breaking $7.2 trillion during the first quarter of 2020. It then recovered all of that and more, $7.6 trillion, during the
Richard Duncan
Recent Posts by Richard Duncan
Monetary Policy is the US government’s most powerful economic policy tool. The Fed is currently creating $120 billion a month and pumping it into the
Many people believe that when the Fed creates money through Quantitative Easing, that that money simply gets stuck in the banks as Bank Reserves and
If Congress fails to pass a new economic rescue bill soon, the United States is likely to experience a new severe economic downturn that could
Although the subject of the new Macro Watch video is the irrelevance of Velocity in the 21stCentury, the video begins with a brief comment on