Memo To Fed: How’d You Like $54 Trillion Of Extra Debt With That Inflation

Here’s a WSJ headline that tells you all you need to know about the evils of Keynesian central banking. Stocks Fall After Strong Data Raises Rate Fears We don’t see anything strong out there, of course, except for marginal blips in sentiment surveys that reflect far more noise than signal. And, besides, under a rational […]
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