John Lounsbury, Author at EconCurrents

Consumer Credit and Inflation: Part 3

By John Lounsbury September 17, 2023macroeconomicsNo Comments

The full data sets for the 71 years from 1952 to 2022 show no discernable association patterns (correlations) for household credit growth and inflation changes.¹ Thus, we started an analysis by looking specifically at the various regimes of inflation change during the 71-year timeline. The most recent post² analyzed the eight time periods over 71 years with positive inflation surges. This article analyzes the five periods for 1952-2022 with negative inflation (disinflation/deflation) surges.

From an image by Michal Jarmoluk from Pixabay

Consumer Credit and Inflation: Part 2

By John Lounsbury September 10, 2023macroeconomicsNo Comments

The full data sets for the 71 years from 1952 to 2022 show no discernable association patterns (correlations) for household credit growth and inflation changes.¹ This post continues that analysis by looking specifically at the various regimes of inflation change during the 71-year timeline.

From a photo by CardMapr.nl on Unsplash

Consumer Credit and Inflation: Part 1

By John Lounsbury September 3, 2023macroeconomicsNo Comments

We have found that the relationships between government spending and inflation are variable over time.¹ How about another category of spending, that by consumers? This series studies that topic.

From image by Kris from Pixabay

Government Spending and Inflation: Reprise and Summary

By John Lounsbury August 20, 2023macroeconomicsNo Comments

For the past several months, we have examined what the U.S. data has to say about the relationships between deficit spending by the federal government and inflation, as measured by the Consumer Price Index (CPI). This post will summarize these results and discuss what they mean.

Image by Gerd Altmann from Pixabay

Government Spending and Inflation. Part 15 – Erratum

By John Lounsbury August 13, 2023UncategorizedNo Comments

One of the time periods without significant inflation changes is incorrectly specified in Part 15.¹ This post corrects that error.

Photo by Brett Jordan on Unsplash

Government Spending and Inflation. Part 13B – Addendum

By John Lounsbury July 30, 2023macroeconomicsNo Comments

This is a continuation of the analysis of each significant period of rising inflation since 1914. The first part¹ covered the years up to the start of World War II. The second part² covered the inflationary periods following World War II through 2022. This is an addendum to the second part.

From a photo by Colton Sturgeon on Unsplash

Government Spending and Inflation. Part 15

By John Lounsbury July 23, 2023macroeconomicsNo Comments

Previous posts have summarized the correlations for U.S. federal government deficit spending with inflation¹ and deflation² over the years from 1914-2022. In this article, the correlations of deficit spending with inflation are determined for the years not part of significant inflation surges (up or down).

From a photo by Haran Amorim on Unsplash

Government Spending and Inflation. Part 14B – Deflation

By John Lounsbury July 9, 2023macroeconomicsNo Comments

This is the second of two posts to analyze the eleven significant deflationary periods for the years 1914-2022. The first post was Part 14A.¹

From image by Nicolae Baltatescu from Pixabay

Government Spending and Inflation. Part 14A – Deflation

By John Lounsbury July 2, 2023macroeconomicsNo Comments

We have failed to find systematic relationships between consumer inflation and federal deficit spending over long time periods. This is a continuation of looking at each period of significant inflation and disinflation/deflation individually. Parts 13A¹ and 13B² analyzed the ten significant inflation periods since 1914. This is the first of two posts to analyze the eleven significant deflationary periods for the years 1914-2022.

From photo by Guillaume de Germain on Unsplash

Government Spending and Inflation. Part 13B

By John Lounsbury June 25, 2023macroeconomicsNo Comments

This is a continuation of the analysis of each significant period of rising inflation since 1914. The first part¹ covered the years up to the start of World War II. In this post, we cover the inflationary periods following World War II through 2022.

Photo by Alexander Grey on Unsplash.