Showing posts with label Arthur Burns. Show all posts
Showing posts with label Arthur Burns. Show all posts
Saturday, April 25, 2026

As an inflation fighter, Jerome Powell turned out to be twice as bad as Arthur Burns

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Under Powell core pce inflation exceeded 10Y yield for 4 consecutive years (2020-2023). Under Burns it was for only 2 (1974-1975). The Berna...
Thursday, March 21, 2024

Jerome "Arthur Burns" Powell ignites gold fever

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The London PM gold fix soared 437% between 1970 and 1978 using average prices. Gold is up about 60% since Powell became Fed Chair in Februar...
Thursday, January 11, 2024

Jay Powell's wimpy response to inflation let core CPI inflation run ahead of the US 10-year for an unprecedented five consecutive years 2019-2023 on an average annual basis

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 Jay Powell is much worse than Burns. Jay is the money men's best friend ever.  
Friday, September 29, 2023

The three year and five month embarrassment of core inflation higher than the 10-year Treasury yield finally ended in August

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 Yield for the 10-year US Treasury rose to an average 4.17% in August 2023 while core inflation year over year fell to 3.87% in August 2023....
Tuesday, May 10, 2022

All Items Consumer Price Index under Jerome Powell isn't capturing inflation like it did under Arthur F. Burns even though they both increased money supply at about the same rate

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Currency in Circulation (CURRCIR) under Arthur F. Burns rose at a compound annual growth rate (CAGR) of 8.64% from Feb 1970 to March 1978. T...