Nouriel Roubini: MMT Has Become Mainstream, Stagflation Coming
“By next year we can be in stagflation”
Another Quarter-Trillion Dollars Added to the Fed’s Balance Sheet
Even the largest deficits in history aren’t enough to keep up with the Fed’s printing presses
Map: The Wealthiest Person in Every Country
The wealthiest person outside the US is Frenchman Bernard Arnault
Why the Fed Won’t Be Able to Normalize After This Crisis
Observably, the Fed’s current QE-Unlimited program is having different and more powerful effects on lending and the money supply than its past QE programs
Image: Black Spruce Ledge
N.C. Wyeth, 1939
Map: Where the World’s Ultra-Rich Live
If the wealth divide of the last decade looked bad, just wait for what comes next
S&P 500 Dividend Yield Is the Highest Relative to 10-Year Since 1955
Stocks now solidly out ‘yield’ bonds by the most since 1955 and by roughly the average amount from 1871 through 1955
Brief: Fed’s Balance Sheet Surpasses $6 Trillion
The Fed’s balance sheet has grown 62% since September
Map: The Red Planet
Via Joshua Stevens
Second Wave of Coronavirus Outbreak Peaking? Third Wave Already Starting?
The world isn’t going back to normal anytime soon