PVG Market In A Minute - November 22, 2022
PVG Admin
November 22, 2022
We wrote our White Paper on Inflation and Investing, Absolutely! Money Matters, about a year ago (please see our website under strategies). Our conclusion was the Federal Reserve had two choices, kill the economy (really kill it), or allow a period of significant inflation to persist by not being aggressive enough, like the 1970s, by “pivoting” (before the term became popular). Money growth was the big driver of inflation, the shifting of the supply curve of the economy to the left (shrinking supply of goods by incentivizing worker to not work), and the last big inflationary culprit, the Biden Energy Policy.