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Caroline Baum: With unemployment at depression levels, even all the Fed’s money printing can’t muster much inflation


Consumer prices have increased just 0.3% in the past year. The collapse in demand means lower prices for many items. Even as the fallout from the coronavirus pandemic and Great Shutdown manifests itself in the economic data, some economists are already warning that the Federal Reserve’s aggressive money-printing operation is laying the

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Posted: May 12, 2020 Tuesday 02:44 PM