But not 'Incompetence'! We didn't use the word 'Incompetence' in the title of the episode!

We have to admit, it was tempting. But of all of the examples of incompetence that spring to mind from the last thirty-five years the Inflation Guy has been watching markets and politics and economists, the current examples just don't rank in the top tier. Now, the COVID years...that was some good incompetence there! Not that we are nostalgic for those years.

Anywho, in this episode the Inflation Guy tackles three mostly-unconnected topics. The government shutdown, the question of whether rising GDP growth is inconsistent with weaker employment growth, and the uniqueness (or lack thereof) of current 'attacks' on the 'independence' of the Federal Reserve. Enjoy.

NOTES

Blog for this month’s CPI: “Inflation Guy’s CPI Summary (August 2025)” (https://inflationguy.blog/2025/09/11/inflation-guys-cpi-summary-august-2025/ )

Blog about “What Happens if CPI Isn’t Released?” (https://inflationguy.blog/2023/09/27/what-happens-if-cpi-isnt-released/ )

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Ep. 150: Impasse, Idleness, Inconsistency, and Independence