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Something For Nothing Economics, Part 2

Summary:
These people are incorrigible. The Fed heads are driving the financial system to the very edge of monetary Terra Incognito, but they are still supremely sure that: the inflation roaring up the supply chain is “transitory”; trillion worth of money-pumping in the last 20 months has rescued the main street economy; there are no […]

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These people are incorrigible. The Fed heads are driving the financial system to the very edge of monetary Terra Incognito, but they are still supremely sure that: the inflation roaring up the supply chain is “transitory”; $4 trillion worth of money-pumping in the last 20 months has rescued the main street economy; there are no […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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