Inflation: The Fed’s Coffin Corner
The situation the Fed is in now can be broadly equated to aviation’s coffin corner. The best way to deal with a coffin corner is to avoid it in the first place, but we already failed at that. This situation has been inevitable for decades, and at this point, inflation is unfortunately the best option left to get out of it.
Republicans: The Party of Fiscal Irresponsibility
When Obama signed the stimulus bill into law, Republicans and conservative commentators harped on its historically large impact on the national debt. However, today, I hardly hear any of the same chatter from the right over Trump’s even larger deficit.
The 1%’s Playbook
There are two kinds of policies the ultra-wealthy people support:
Those that benefit the ultra-wealthy
Those that keep in power the people who support the policies in [1]