For someone who hangs out with libertarians a lot, announcing that you're okay with a small amount of inflation to relieve the sticky price problem, and that you think the Fed mostly does a good job, is akin to announcing that you've decided to take up human sacrifice to fill those lonely weekend hours. Nonetheless, I stand by the sentiment: inflation is not the big worry that our economy faces.
(continued)
Surprising (Almost) No One, the US Trade Deficit Is Back to Pre-Tariff
Levels
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The administration’s tariff experiment has been an unfortunate
demonstration that tariffs will not fundamentally change a country’s trade
balance because t...
1 hour ago



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