- Economic data blows away expectations.
- Wages are a price and prices are going up because of inflation.
- Keynesians can’t even follow their own playbook.
- Real demand is determined by supply.
- Don’t take free heroin just because you don’t want to waste it.
- Fed hawks went the way of the dodo bird.
- Fed policy is the opposite of Teddy Roosevelt’s Big Stick policy.
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