Stories >> Economics

Caroline Baum: How the idea of the Fed 'stockpiling ammunition’ could blow up the economy


Raising interest rates now to be able to lower them to ward off a recession is a silly idea. Every once in a while, an idea takes root that is so off-base, so nonsensical, that it almost defies analysis. Because to analyze something implies that it is worthy of our time, energy and thought processes. And the idea I’m about to hoist, and

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Posted: December 18, 2018 Tuesday 12:39 PM