No paywall: https://archive.is/7YVFb https://archive.is/7YVFb This is a bit surprising to my contrary current opinion which is inflation is here to stay and my

No paywall: https://archive.is/7YVFb https://archive.is/7YVFb This is a bit surprising to my contrary current opinion which is inflation is here to stay and my skepticism of fed critics urging rate cuts. However I have a lot of respect for the monetary supply theory re inflation so this is changing my mind. Also I have always been told it takes 18 months for monetary policy to have effect so it makes sense to me that we have 18 months to see what increased interest rates are doing. I would suppose this is bad news for home prices particularly.