Wally's Newsletter
O Inflation, Inflation, wherefore art thou Inflation?
In a recent briefing Janet Yellen seems to have declared that she was surprised that…
Reality Check
The Fed seems not to understand why there is so little inflation with the economy…
Recession Ahead
The September FOMC meeting did not result in an immediate interest rate hike, but it…
Debt and Hurricane Damage
The US national debt is now well over $20T thanks to a debt limit suspension…
Slow Growth
It is a widely accepted postulate that excessive debt slows growth while lowering interest rates…
Petrodollar under Attack
It is ironic that the fate of the US dollar depends on whether Saudi Arabia…
