(Political) Logic

By |2017-05-24T12:28:34-04:00May 24th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

According to Larry Summers, the Trump administration’s recently released budget contains a most heinous elementary error that disqualifies the whole thing and every single person involved in it. Apart from being hugely convenient for his side of the political debate, the error smells a little too familiar, or at least it should coming from Dr. Summers. Here is what he [...]