I recommend a recent Wall Street Journal article by Kevin Warsh, former Governor of the Federal Reserve and a Visiting Fellow at the Hoover Institution. Kevin’s intelligent and heartfelt piece discusses the Federal Reserve’s failed experiment in monetary policy which began a little over 20 years ago. It has been an abject failure, particularly when coupled with reckless deficit spending by four successive Administrations from 2000 through 2022. Everything the late Paul Volcker helped us achieve during the 1980s to tame the scourge of inflation has been shamelessly undone.
We will get through this if we elect leaders dedicated to putting our great nation back on course with sound fiscal and monetary policies instead of continuing reckless deficit spending.
Read the article here.