Thousands of economists have jobs based on the comical view that the incompetents at the Fed somehow centrally plan access to credit, and the rates at which it's accessed. Rest assured that within a few years, the correct view about the Fed's onrushing irrelevance will be common https://t.co/PeFkGlPySG
— John Tamny (@johntamny) August 22, 2018
Alan Reynolds in the Wall Street Journal:
How is increasing the price of imported oil and industrial commodities supposed to make U.S. industry more competitive?