The Fed wants independence so it can serve the interests of the banker class. There is no higher principle here. There is only power.
You May Also Like
World News
The election is upon us. We wonder whether we have to have war, tariffs, and deficit spending, regardless of whom we support. What are...
Editor's Pick
David Kemp In a November 4 blog, I discussed the economics of nuclear power in light of recent nuclear deals by Google, Amazon, and...
Tech News
Image: Netflix We still don’t have a firm premiere date, but Netflix has officially confirmed that the fifth — and final — season of...
Editor's Pick
Back in the day, I used to look at the weekly S&P 500 chart every weekend and ask myself the same three questions: What...