Hi friends. I hope you had a great Christmas and will have a blessed and healthy 2023!

Today’s post addresses something many of you are likely pondering, namely our ever-growing national debt alongside our rapidly increasing government borrowing rate. What do you think the Fed will/can do looking ahead? I’m sure most of you feel we have to get government spending down and under control. I would concur with that thinking. But today, I’m wondering given our present course and debt situation, what do you think the Fed will/can do in the coming years?? The Fed has been the principal vehicle of monetary policy for a very long time. […]