Fast Facts

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Loan Liars

No, this isn’t about liar loans. It’s about the liars in the financial “news” media who twist the facts to suit whatever their point happens to be that day. Here are the facts about bank lending in the US.

Must Reads

Deutsche Bank: Ignoring food price pressures could be a mistake

Economists and central bankers tend to be less focused on what consumers pay at the grocery store because food and energy prices have historically been more volatile – remember, it’s just “noise”. However what they can’t ignore is how shoppers view inflation – i.e. inflation expectations. And food prices have a significant impact on households’ views on future inflation.