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I’m not sure the inflation horse is dead, so let’s beat it some more

1 week 3 days ago
Since I'm beating dead horses this week, let's continue. When Congress passed the various COVID rescue bills, it resulted in massive deficits in 2020-21, which drove up the money supply. How much? This much: The red shaded area is the excess above the normal growth of M2 money supply, and provides a good proxy for ...continue reading "I’m not sure the inflation horse is dead, so let’s beat it some more"
Kevin Drum

Tense Exchange Follows Alton Mayor Chief Of Staff Resignation

1 week 3 days ago
ALTON - Bianca Jackson has resigned as Chief of Staff to Alton Mayor David Goins. The lack of public information surrounding her resignation led to a somewhat tense exchange between Alton Mayor David Goins and Alderman and mayoral candidate Raymond Strebel at this week’s City Council meeting. On Wednesday’s agenda was the resignation of “Bianca Jackson from the position of Chief of Staff.” The exchange occurred after Strebel questioned why Jackson left the position. City Attorney Tonya Genovese replied that it was a “personnel issue,” the details of which are not to be discussed in a public forum. Strebel, who described the circumstances as “suspicious,” said he was seeking to clarify rumors surrounding the resignation. “I’ve heard a lot of accusations about why she left,” Strebel said. “I’m not going to ask about the criminality of anything that might be involved, but what I am asking is tha

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