Posts Tagged ‘Volcker’Inflation: What is it Good For?This post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux << PREVIOUS At the heart of some of the most contentious debates in the otherwise drab world of macroeconomic theory is that of inflation (yes, there are in fact contentious debates about macroeconomic theory). To wit, economics can’t even agree on [...] Home Prices vs. Mortgage Rates: Let’s DanceThis post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux << PREVIOUS It stands to reason that falling interest rates leads to higher home prices. After all, for every one percent drop in mortgage rates, buyers can afford around 10% more house. Against that backdrop, the chart below makes sense: After [...] |