Mises Wire
Author:
Peter St. Onge
Online Publish Date:
With its $700 billion bond-buying expansion in response to the COVID crisis, the Federal Reserve has thrust itself into the limelight. Like a sixteen-year-old with a credit card, the Fed is salivating over what money-printing powers it shall seize next. How is the prudent investor to respond? First, what the Fed’s already done: pushed interest