Figure 3 - Plunging Money Velocity Juxtaposed Against Accelerating Money Supply (M2) Suggests the Inflation 'Pig' Is Expected to Remain Inside the Fed 'Python' Source: Bloomberg ...

Inflation has surged and moderated since the pandemic. As the presidential election approaches, politicians are focused on who is to blame. How did we get here? By Jeanna Smialek, Karl Russell and ...