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Trivial Pursuits

Summary:
He’s an arrogant lame brain, folks. Jerome Powell recently told “60 Minutes” in no uncertain terms that it’s 2.00% inflation come hell or high water; and that until then, the Federal Reserve intends to crush, suppress, and flatten interest rates with malice aforethought. “We want to see inflation move up to 2%. And we mean […]

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He’s an arrogant lame brain, folks. Jerome Powell recently told “60 Minutes” in no uncertain terms that it’s 2.00% inflation come hell or high water; and that until then, the Federal Reserve intends to crush, suppress, and flatten interest rates with malice aforethought. “We want to see inflation move up to 2%. And we mean […]
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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