Do we need to destroy the economy to save it?

Newsweek/Zain Jaffer/5-23-2023

ramriez cartoon on the Fed making a slight overcorrection on inflationCartoon courtesy of MichaelPRamirez.com

“It is one thing for natural events to conspire to wreck an economy. It is another to intentionally slow one down.”

USAGOLD note: Jaffer ends with a few investment suggestions and a caution about more centralized planning which he says is reminiscent of Soviet Russia. “There  should be a better way,” he says, “to adjust for economic conditions than what we are doing now.”

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