Keynesian Central Banking: Relentless Foe Of Capitalist Prosperity And Democratic Self-Governance, Part 1

Sometimes they inadvertently let the cat out of the bag, as did former New York Fed President Bill Dudley (B-Dud) last week. In a nothing-to-see here Bloomberg op ed, B-Dud insisted that QT was no big deal in the near term since it’s all priced-in anyway. That is to say, QE allegedly worked wonders stimulating main street and Wall […]