247. Stagflation Is Here To Stay | This Week's Economy Ep. 59

Stock market, inflation, housing Federal Reserve, and more on the agenda in this 10-minute episode.

Hi Friends!

In today’s episode, I explain why stagflation is here to stay, why the Fed didn’t raise its target interest rates, how housing is helped by investors, and much more. Thank you for subscribing and sharing this newsletter with others!

Watch the episode below or listen to it on your favorite podcast platform:

I cover the following:

• The Federal Reserve left its federal funds rate target unchanged in the range of 5.25-5.5%, but the balance sheet decisions is questionable at best.

• The stock market took a hit in April; I explain why.

• Which government barriers to work are a major problem?

• Should legislation be passed to limit investors from purchasing single-family homes?

• Latest on state economies, including Texas and Louisiana, with historic highs spent on government schooling but not much ROI…

• What is stagflation, and do we have it now? Evidence says yes!

Media Hits & More

• Watch my podcast interview with Dr. Dan Sutter of Troy University on his show Econversations as we discuss the economy, inflation, growth, and ways that let people prosper.

• US Sen. Sanders’ Thirty-Two-Hour Work Week Act is a well-intentioned but terrible policy. I made this case in my recent piece at AIER.

• Read my recent commentary on the problems with a UBI at Governing with John Hendrickson at Iowans for Tax Relief Foundation.

• Check out my interview on Fox Business’ Cavuto: Coast to Coast on why the G20 2% wealth tax proposal is just a bad “redistribution scheme.”

• Watch this week’s Let People Prosper episode with Dr. Josh Rauh of Stanford’s Hoover Institution on the pandemic response, fiscal solvency, time at the White House, and more!

• The upcoming episode on Monday is with Dr. James Broughel, senior fellow at the Competitive Enterprise Institute, on the high costs of regulation, insights on regulatory cost-benefit analyses, and much more.

• Free-market capitalism is the best path to let people prosper!

• My mom, Melody Lane, passed away two years ago on April 27, 2022, from end-stage liver disease. I miss her every day.

• Quote of the Week:

• Bible Verse of the Week:

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