Gerald P. Dwyer, Author at PRICKLY PEAR

About Gerald P. Dwyer

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But we are proud to say that Gerald P. Dwyer contributed 2 entries already.

Entries by Gerald P. Dwyer

Money and Inflation Are Still Related

March 31, 2023/in Economy, Featured, Latest News/by Gerald P. Dwyer

Estimated Reading Time: 4 minutes

There is perhaps no empirical regularity among economic phenomena that is based on so much evidence, for so wide a range of circumstances,” Milton Friedman observed in 1989, “as the connection between substantial changes in the quantity of money and in the level of prices.” And yet, despite the wide body of work alluded to […]

Government Debt and Inflation: Reality Intrudes

March 26, 2022/in Economy, Featured, National Security, Politics/by Gerald P. Dwyer

Estimated Reading Time: 3 minutes

The last couple of years has witnessed extraordinary spending by the federal government. It has been quite the party. Figure 1 shows government spending since 2000. The increase to 30 percent of Gross Domestic Product (GDP) in 2020 stands out. Government revenue, also shown in Figure 1, does not jump. Federal government revenue in 2020 […]

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