What Really Caused Inflation

The comments below are an edited and abridged synopsis of an article by John Mauldin

“You won’t be surprised to know I disagree with recent Federal Reserve policy choices. The Fed’s future choices are more important, though. Debating what they should do is one thing. Anticipating what they will do is critical.”

What Really Caused Inflation - BullionBuzz - Nick's Top Six
Inflation written newspaper close up shot to the text.

“Today we’ll ‘war game’ what the Fed is facing as it wrestles with inflation, growth, employment, and political considerations. We’ll try to entertain those thoughts as if we’re sitting in the conference room with Jerome Powell.”

Up for discussion: No blank slate; running hot; major adjustment; what really caused inflation; the Fed’s real dilemma; Washington, D.C. and home for the holidays.

Leave a Reply

Your email address will not be published. Required fields are marked *