A while back, I wrote Inflation For Dummies. Apparently that was too complicated. Here’s a simplified version: inflation for dummies part 2. Continue Reading →
That’s a 54.69% increase in people and a 65.27% increase in households over a four year period. That’s 11.5 percent per year for people and 13.4 percent per year for households. If employment had grown at 1/4 those rates I’d be a happy economist. Continue Reading →