At the Center for Financial Stability (CFS), we see the world differently. We see the world through monetary goggles – not at the exclusion of other variables, but from a different perspective.
Since 1) inflation proved to not be transitory after the post-pandemic fiscal and monetary response and 2) inflation remained negligible after the big money supply increases in 2009 to 2010, our perspective is essential for:
- Officials to strengthen the financial system while more effectively promoting growth and
- Investors to safeguard assets, manage financial institutions, or seek profits.
We look forward to any comments you might have.
Next week, CFS will release a paper on “Empirical Lessons for the Fed from Banking Instability.”
To view the full article:
https://www.centerforfinancialstability.org/research/Money_Story_060623.pdf