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Thomas Hoenig on Inflation and the Federal Reserve
The Great Antidote
Inflation and Asset Bubbles Start With the Stock Market
Everything i read about inflation and asset bubbles, it seems as though always starts with the stock market. Is that because that is maybe the closest thing to banks and the fed? Why does it always start there? Well, actually, ton ii, it's easily identified there as one way,. For example, how housing prices in 20 12 started rising, and they rose for the rest of the decade. And just just as stocka stock market prices rose, just as commercial real estate prices rose. But they are more identifiable because you see it on the news every day.
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