Dan Ascani

Myopic Wall Street’s Constant Fixation on the Fed Is Headed for a Tearful Ending

Fed, Inflation, Stocks /

·Structural Changes within the Economy Call for Much More than Rising Interest Rates to Cure Embedded Inflation ·Massive Trend Toward Deglobalization Is Beginning and Wall Street Needs to Pay Attention ·Why The Financial Markets Are Giving the Fed a Headache ·Complacent Financial Markets Should Not Treat Fed Policy as the Be-All and End-All ©February 17, […]

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The Death of Modern Monetary Theory: How Inflation and the Jay Powell Fed Killed It and What it Means for Investors

Fed, Inflation, MMT /

©January 10, 2023Daniel L. Ascani January 10, 2023 A simple Google search tells you what it is: Modern Monetary Theory (MMT): “A macroeconomic theory that says countries that control their own currencies, like the U.S., are not constrained by revenues when it comes to government spending.” Investopedia.com To dig a little further into Investopedia’s explanation

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