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What Is The Trend, Kenneth? — Brian Romanchuk

Summary:
Note: this is an unedited first draft from my manuscript with a working title “What is Inflation?” This book is aimed to be a primer that acts an introduction to inflation, without being tied to any theory that predicts inflation. The reason is that online discussions of inflation invariably have a lot of superstitions that need to be dealt with before we even get to the thornier questions of inflation theory. This section is from a chapter at the end of the book that deals with the issue of the post-pandemic inflation spike. I am not attempting to do any forecasts, on the basis that it is likely that the bulk of the readers of my book will be reading it after 2025 (based on the sales patterns of my other books), and so would not be interested in what I thought would happen in 2023-4.

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Note: this is an unedited first draft from my manuscript with a working title “What is Inflation?” This book is aimed to be a primer that acts an introduction to inflation, without being tied to any theory that predicts inflation. The reason is that online discussions of inflation invariably have a lot of superstitions that need to be dealt with before we even get to the thornier questions of inflation theory. This section is from a chapter at the end of the book that deals with the issue of the post-pandemic inflation spike. I am not attempting to do any forecasts, on the basis that it is likely that the bulk of the readers of my book will be reading it after 2025 (based on the sales patterns of my other books), and so would not be interested in what I thought would happen in 2023-4. Since this is in a book manuscript, it casually references other sections, which may or may not have appeared as drafts online already....
Bond Economics
What Is The Trend, Kenneth?
Brian Romanchuk
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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