Hey, Fed, Stop Blaming Workers For Your Own Inflationary Policies

The Fed says it slashed interest rates (Fed funds) by 50 basis points on Wednesday because it judged workers have been punished enough and that wage increases were falling back into line with the dictates of what amounts to America’s financial politburo. And, of course, our paint-by-the-numbers Keynesian knuckleheads could point to charts like the […]