Month: November 2021

The Bazooka – How Policy Affects Inflation

In 2008, we were introduced to a new government policy tool by then Treasury Secretary Hank Paulson called the “bazooka”.  Hank’s colorful metaphor referred to creating a government pool of money available to shore up financial companies to avoid market panic.  The point of the bazooka was to have it, load it and not use…

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