Silicon Valley’s Wokester Leftism—It’s True Source In The Eccles Building

Our Chart-of-the-Day (second below) is a potent reminder that the Fed’s sins go far, far beyond betting hopelessly behind the curve on goods and services inflation. It’s original sin, in fact, was the massive asset inflation which preceded the current consumer price run-up. Not only did the latter generate unspeakable wealth for the 1% and […]