Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.
Kyle Rittenhouse was acquitted of all counts on Friday in connection with the deadly shooting of two men and the injury of a third with a semi-automatic rifle during tumultuous racial justice rallies in Wisconsin in 2020.
What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply — are complete failures, having produced the opposite of the promised results.