I’ve posted Entry #317 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called The Federal Reserve Is Political Even If Non-Partisan.
Juicy Excerpt: Recessions aren’t bad. They serve an important purpose. Our economy doesn’t grow only when things are zipping along. Important progress is being made when companies are failing and thereby preparing the way for future success stories.
We cannot persuade the members of the Federal Reserve to cause more recessions. They are humans. They aren’t going to do it. We need another way to bring on more recessions.