Just some late-night veracity to chew upon.
“The only thing that made Yurtle the Turtle an epic failure vs a celebrated hero was TIME. If his turtle stack had stood for even a few years prior to crashing down, people would surely call him a champion for sitting atop the highest mountain ever and staring at the sun with bold determination.” History […]
Inflating the money supply (aka creating massive inflation) during a crisis and going into massive debt is like trying to dig your way over a mountain. History should be our guide, not Keynesian vudu. Actual transcript from Powell during his interview on 60 Minures below: https://www.cbsnews.com/news/coronavirus-economy-jerome-powell-federal-reserve-chairman-60-minutes/#app Scott Pelley: Where does it come from? Do you […]