The Destructive Misfire Of Keynesian Central Banking

It really doesn’t get more pathetic than this. We are referring to the crawler on bubblevision this morning which read, “Will the Fed cut rates?” After all, it has barely begun normalizing what had allegedly been an emergency foray into extraordinary and exigent monetary policy—ZIRP and QE—in response to the great financial crisis. All along these radical and historically unprecedented measures […]