The Best Explanation

The best explanation I've seen for why there has been low inflation, notwithstanding the fed printing money like there's no tomorrow.

Is Inflation Still a Thing? | National Review
How a change in the Fed’s framework took us from funny money to crony credit.

One of the side-effects of this has been to push interest rates so low that elderly retirees are forced out of safe investments into riskier investments in order to earn a return on capital. It's a disaster waiting to happen for anyone who doesn't have the runway in their life to recover from losses.

Written by

Keith Lowery

Follower of Christ. Husband. Father. Grandfather. Maker. Consumer of Data. Reader of Books. Writer of Code. Against the Darkness. For the Light.