800 Dow Points—Not Even A Footnote In The Carnage To Come

America’s “low interest man” was at it again yesterday, chiding the Fed for it’s baby steps toward quasi-honest interest rates. Self-evidently, the Donald thinks the route to MAGA is via thoroughly crooked money rates—the kind that don’t even cover the cost of inflation and which help developers and speculators pay back their debts in depreciated money. We […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.