The No Inflation Nonsense And The Scourge Of Central Banking, Part 3

Larry Kudlow cut loose with a doozy yesterday, suggesting there would never be another interest rate increase in his lifetime. Yet according to the actuarial tables, the 71-year old Kudlow should last another 14 years–unless he’s had some bad news from his heart doctor that he’s not sharing. Hopefully, he hasn’t—so what we really have is the chief economic advisor […]