Mises Wire
Author:
Brendan Brown
Online Publish Date:
the current inflation angst suggests the Powell Fed will start to cut its policy rate by Summer 2024 out of misplaced complacency or due to political had been fueled originally by China’s extreme monetary and fiscal “stimulus” policies of 2009-12, only possible in the context of Fed-led monetary inflation. The artificial intelligence (AI) could be a spur to growth if indeed the forces of innovation turn out to be under the control of well-functioning invisible hands which