In the United States, money is created as credit and debt. The US Constitution1 allows the federal government to produce money directly, but that is not how the nation has chosen to operate for most of its money. In this post, we look at the various sources for issuing credit and debt that provide money to run the country.
From a photo by Giorgio Trovato on Unsplash.
This article concludes the analysis of the correlation patterns between Nonfinancial Corporate Credit (NFC) and Consumer Inflation (CPI). The last of the three types of inflation patterns (time periods with no significant inflation trends) is the subject of analysis here. The other two types of patterns (inflation surges1 and disinflation/deflation surges2) were analyzed previously. The conclusion discusses the correlation patterns for all time periods, looks for any common threads, and identifies important differences across time periods and types of correlation patterns.
From a photo by Josue Isai Ramos Figueroa on Unsplash.
This article concludes the analysis of the correlation patterns between Household and Nonprofit Organization Credit (HNO) and Consumer Inflation (CPI). The last of the three types of inflation patterns (time periods with no significant inflation trends) is the subject of analysis here. The other two types of patterns (inflation surges1 and disinflation/deflation surges2) were analyzed previously. The conclusion discusses the correlation patterns for all time periods, looks for any common threads, and identifies important differences across time periods and types of correlation patterns.
From a photo by Stephen Phillips – Hostreviews.co.uk, on Unsplash.