News Updates

Freedom News Digest: THURSDAY, DECEMBER 15, 2022 The Fed’s Destructive Guessing Game

To take from one, because it is thought that his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to every one of a free exercise of his industry and the fruits acquired by it.
Thomas Jefferson

HORNBERGER’S BLOG

December 15, 2022

The Fed’s Destructive Guessing Game
As expected, the Federal Reserve raised interest rates by half a point yesterday. It was a drop from the .75 point rate increases that the Fed has been implementing for the past several months.  A big reason the Fed is going slower is the longstanding fear among Fed officials of bringing about another Great Depression by raising interest rates too high and …

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