This article was originally published by Tho Bishop at The Mises Institute.
In the last few months, the Federal Reserve has signaled that it is prepared to cut interest rates. Today’s 50bps rate cut, however, exceeded most expectations.
As ZeroHedge has noted, “only 9 of 113 economists...
Over the past few years, many Americans have faced empty supermarket shelves and extended power outages for the first time. Supply chain disruptions, limited store hours, and hoarding due to the pandemic have been part of the problem. Severe storms, wildfires, and civil unrest...