Someone please make the madness stop. Many years ago, when Saturday Night Live was still actually funny, comedian Will Ferrell starred in a skit that was entitled "More Cowbell". To this day, it remains one of the most famous skits in comedy history, and that is because it was absolutely hilarious. If you have never seen it, you can find it right here. Unfortunately for all of us, the Federal Reserve is now doing their own version of "More Cowbell", but it isn't funny at all. At this point, Fed officials sound like a broken record, because month after month they just keep telling us that the answer to our growing economic problems is even more inflation. They have completely gone off the deep end, but since most Americans are illiterate when it comes to economics hardly anyone is objecting.
Earlier today, I received an alarming email from one of my readers. This particular reader was quite alarmed that the price of her favorite juice just went up three dollars, and I would have loved to tell her that these price increases are just "temporary" and that everything will go back to normal soon.