The Fed Has Once Again Created An Easy Money Addiction, And Withdrawal Starts This Month
The Federal Reserve (Fed) seems intent on harming its patient, the U.S. economy. On the heels of the highest consumer inflation in four decades, the U.S. Department of Labor’s producer-price index (PPI) shows that inflation is accelerating and the Fed has been downright negligent. The PPI had its second highest increase in the history of the index, both...