Thursday, November 11, 2021

The US Inflation Story - 2021 Edition

Inflation emerges as defining economic challenge of Biden presidency, with no obvious solution at hand
https://www.washingtonpost.com/us-policy/2021/11/14/inflation-economy-biden-prices/

It's Official. The Inflation Numbers Are a Hot Sticky Mess
https://www.bloomberg.com/opinion/articles/2021-11-11/it-s-official-the-inflation-numbers-are-a-hot-sticky-mess
 
Inflation in the economy today is different. Here are four charts that can explain why.
https://www.washingtonpost.com/business/2021/10/14/inflation-prices-supply-chain/

Fastest Inflation in 31 Years Puts More Heat on Washington
https://www.nytimes.com/2021/11/10/business/economy/consumer-price-inflation-october.html
 
Democrats ignore the recent inflation numbers at their peril
https://www.washingtonpost.com/opinions/2021/11/11/inflation-wages-economy-democrats/

The White House Says Its Plans Will Slow Inflation. The Big Question Is: When?
https://www.nytimes.com/2021/11/11/business/economy/biden-inflation.html

MY TAKE: A still-dovish Fed raises the risk of stagflation lite
https://thehill.com/opinion/finance/580712-a-still-dovish-fed-raises-the-risk-of-stagflation-lite

Wednesday, November 10, 2021

Patents and Drug Discovery - The Role of Public Funding

Moderna took NIH money and help for its covid vaccine. Now it wants to leave government scientists off a lucrative patent.
https://www.washingtonpost.com/business/2021/11/09/moderna-nih-patent-vaccine/
The company, which has received public subsidies for its vaccine, acknowledges NIH contributions but says it alone invented the shot. 

America's Broken Patent System

Global Inflation Surge

MY TAKE: A still-dovish Fed raises the risk of stagflation lite
https://thehill.com/opinion/finance/580712-a-still-dovish-fed-raises-the-risk-of-stagflation-lite

Prices climbed 6.2 percent in October compared to last year, the largest increase in 30 years, as inflation strains economy
https://www.washingtonpost.com/business/2021/11/10/cpi-inflation-october/

Inflation spiked in October, scuppering Washington’s hopes that price gains would slow down.
https://www.nytimes.com/2021/11/10/business/economy/consumer-price-inflation-october.html
 
Inflation Builds with Biggest Gain in Consumer Prices Since 1990
https://www.bloomberg.com/news/articles/2021-11-10/inflation-builds-with-biggest-gain-in-consumer-prices-since-1990
 


Chip Wars - Apple versus Intel

Politics of Central Banking


My take: