Economic analysis challenges the assertion that inflation is exclusively a monetary phenomenon, citing historical precedents. Instances such as the hyperinflationary periods in Weimar Germany and Zimbabwe, alongside the 1970s U.S. oil crisis, demonstrate that scarcity and supply chain disruptions frequently serve as primary drivers of inflationary pressures.
The National Fair Housing Alliance has expressed its support for Federal Reserve Governor Lisa Cook, urging the Trump administration to partner with her on affordability and other “kitchen table issues” facing Americans, rather than attempting to remove her from office.
The NMHC report shows that America’s underproduction of housing has led to a decline in renter mobility, negatively impacting the labor market and economic potential.