Economic Old Age And The Infections Of Monetary Central Planning, Part 1
This morning we heard one of the usual bubblevision suspects, a Keynesian street economist by the name of Ian Shepherdson, giving the all-clear signal to buy stocks. He claimed business cycles don’t die of old age, and implicitly, therefore, that the Fed has your back and will keep GDP and earnings chugging ever higher. And, besides, there […]