Global Insights, Leadership, Risk Management
The economists and central bankers of the US Federal Reserve have a perplexing challenge. The US economy has picked up in terms of GDP growth, but inflation is below the Goldilocks target of 2%. How could economic models be wrong? What, if anything, has changed? It has spurred a serious discussion that suggests that US economy operates differently now. I think the answer is obvious – DEFLATION! We have deflation, just not in an absolute form. We have deflation in the economy like you might have bugs in your house. They are not everywhere, just in places. Overall, the house is mostly clean, but there are some bugs.
Automation, Baby boomers, Bots, Brexit, Canada, China, Congress, Deflation, Demographics, Digitization, economic growth, economics, featured, GDP, GDP growth, houshold income, Inflation, interest rates, Irving Fisher, lower taxes, Mexico, Millennials, Milton Friedman, Population, real income, Taxation, taxes, Trade, Unemployment, USA trade, yellen
Analytics, Big Data, Big Data and Analytics, Digital Strategy, Innovation
“Take out the GPS. I don’t want the FBI tracking us with it.” – Tony Soprano “That’s what I like about you, boss; you are always thinking of the big picture.” – Paulie Walnuts Gualtieri. That is a cleaned-up and paraphrased exchanged between Tony Soprano and Paulie, when the mob crew got new Cadillac Escalades […]
Alito Supreme Court, App, Apple, Apple Maps, Digital Privacy, Digital Tracking, Expecation of Privacy, featured, Google, Google Maps, GPS, GPS Tracking, Phone Tracking, Privacy, Smart Phone Apps, Social Media, Sopranos, Taxation, The Sopranos, Tony Soprano, Trespassing, US Supreme Court
