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A Feat Of Fetid Fiat

Summary:
The Federal Reserve’s balance sheet crossed .2 trillion last week, up a staggering 5 billion from, well, the previous week… No, you can’t make this stuff up. We well and truly have a camarilla of monetary arsonists in control of the financial system, and they’re dousing everything in sight with monetary kerosene. For want of […]

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The Federal Reserve’s balance sheet crossed $8.2 trillion last week, up a staggering $105 billion from, well, the previous week… No, you can’t make this stuff up. We well and truly have a camarilla of monetary arsonists in control of the financial system, and they’re dousing everything in sight with monetary kerosene. For want of […]
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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