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June 20, 2022Guest Commentaries

The Fed: Totally Just Winging It

A 75 basis-point rate hike wasn’t even on the table a month ago. It appears that the central bankers over at the Fed were crawling around under the table because they found a 75-basis point rate hike. The Fed went big at the June FOMC meeting in response to hotter-than-expected May CPI data just a week […]

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June 15, 2022Guest Commentaries

Ron Paul: Should We “Respect” the Fed?

The Federal Reserve doesn’t have a very good track record. It was wrong about transitory inflation. It was wrong about peak inflation. And it’s almost certainly wrong in thinking the economy is strong enough to withstand tighter monetary policy to fight inflation. But President Joe Biden trusts the Fed. The cornerstone of his inflation-fighting plan […]

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