Today’s Jobs Report And The Cult Of Central Banking: Counting Angels On The Head Of A Pin While Main Street Flounders | David Stockman's Contra Corner
David Stockman is one of the few that get it, economically speaking, and one of the even fewer who has the balls to say it. Soon I will be reviewing his book The Great Deformation (preview: it will be a favorable review) and a few minutes at his blog, Davidstockman'scontracorner.com, every day is time well spent. The most remarkable part of his story is that he was once a very well connected and well paid insider, in the Reagan administration and later with the Blackstone group.
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- 1Posted by dbhalling 10 years, 2 months agoI like this part "Real median family income is down 12 percent from its unsustainable 2007 housing bubble peak; more importantly, it was no higher in 2013 than it was way back in 1989 when the modern age of central bank money printing was just getting underway."Mark as read | Best of... | Permalink|