Wednesday, December 26, 2018
Fire the Fed
That's sounding political and intentional to me...
Stephen Moore shares his opinion at Townhall.com:
"In one of the most remarkable Abbott and Costello routines in modern times, the economic wizards at the Fed again raised interest rates on Tuesday. Their crackerjack logic for doing so is to steer America on a course toward recession so they have the tools in hand to end the recession that they themselves created. Can anyone tell us who's on first?
Worse, this Fed move doubles down on its blunderous interest rate rise in September. President Donald Trump turned out to be exactly right: The central bank pullback on money would slow growth and crush the stock market in order to combat nonexistent inflation."
