The consumer isn’t a moron, she’s your wife.
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Daenerys follows French philosopher Jean-Jacques Rousseau, who described how the society he lived in stripped away freedom and humanity.
Daenerys is perceived as standing on the morally high ground. She’s freeing slaves. She’s the Breaker of Chains. She’s righteou...
The Fed rate is also tied to inflation, which impacts earnings, which affects consumer spending. Inflation also moves hourly wages and direct interest rates. This can create the impression that interest rates and consumer spending are more closely related than they are.
The Federal Reserve...
The economic cycle is driven by cause and effect. Personal income drives consumer spending. Businesses respond to consumer spending by increasing production which, in turn, requires greater investments in infrastructure/capital spending. Consumer spending, production and capital spending all driv...
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