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“Federal employees throughout the executive branch are panicking at the thought of another Trump administration.”

Dems expected to pull out all stops in order to prevent Trump from returning to White House.

What matters is what the Fed does, not what the Fed says.

The administrative state can be defeated, but not by fighting the hydra head by head. Rather, you go to the source: the independent bureaucracy.

Despite decades of artificially low interest rates and their resulting inflation, the market is too optimistic. The longer this goes on, the less plausible it is that the Fed can stay close to its inflation target.