Q&A #87
Will Basics #10 be a letdown? What are they covering up? Why did Bernanke really get a Nobel Prize? Where does inflation really come from? Where does disinflation come from? Are rate hikes really ‘irrelevant’? How about rate cuts? Can anyone explain the unemployment puzzle? Is it just a data quirk? What hit the Swiss franc last year? Why did it reverse so much this year? Should there be symmetry to bond market movements? After massive rate hikes, wouldn’t lower rates come just as fast and end up being equal?
