Democratic socialists are committed to destroying the voluntary and naturally-occurring relationships that develop in the marketplace among consenting human beings. They do it through relentless wealth redistribution programs.
Entrepreneurial action provides the fuel for the constant mining of consumer value. If entrepreneurs cease acting in this way, consumers will cease to see innovation and growing value in the marketplace.
In the blurry world of conflicting economic indicators and forecasts and policy surprises, activist policymakers at the Fed do not know exactly what the “right” monetary policy is today. Neither do their activist critics.