The Monetary Politburo Strikes Again

Doug Kass didn’t mince any words, and well he shouldn’t have. Yesterday’s chorus of dovish cooing by Fed heads was just plain beyond the pale. These craven cowards are a disgrace to even the misbegotten enterprise of Keynesian central banking and its purported Humphrey-Hawkins targets for inflation and employment. That’s because the stock market supposedly has nothing […]
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