Blame the Fed, according to the Mises Institute. More or less, the path the Fed uses to "stimulate" the economy is to artificially inflate the value of securities held by the rich, and the inflation of the currency simultaneously makes the earnings of the middle class and poor worth less.
All too often, the "solution" is the problem.
Podcast #1,117: How Constraints Help You Focus, Create, and Finish
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Back in 2019, David Epstein joined me to talk about his book Range and
why generalists often thrive in a specialized world. Now he’s back with a
new bo...
7 hours ago
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