Source: Cobden Centre
by Ryan McMaken
“American policymakers have the opportunity to allow home prices to fall and to make homes available to millions of Americans who have been priced out thanks to decades of easy-money-fueled asset price growth. Americans policymakers have an opportunity to allow a flowering of new competition and new efficiency in the economy as the old incumbent firms that now subsist on debt and speculative manias actually make way for new entrepreneurs and new dynamic economy. But, as we saw this week, the Fed will do everything it can to stop that from happening. Even as price inflation continues to grow, the Fed is telling us it has to print more money to ensure that ‘number go up’ in terms of asset prices and GDP.” (09/25/25)