By the lights of the monetary Keynesians who have ruled the roost since Greenspan became addicted to the Fed’s printing presses in the 1990s, the table below shouldn’t exist. Or it should be fingered as a Deep Fake. After all, during the 15-year period between Q1 1951, when WWII style monetization of the public debt […]
Proof Of The Maestro’s Giant Policy Error, Part 3
