The Great American Strip-Mining: How the Fed and Political Class Are Bleeding the Middle Class Dry

ACT I: The Theater of Monetary Lies Forget the media soap opera of “Trump vs. Powell.” The two are locked in a kabuki act worthy of Nixon and Burns back in the early '70s—another tragic chapter in America's long-running farce of monetary independence. The central bank postures like a stern guardian of sound money, while quietly handing out more candy to Wall Street every time the lights dim. At this year’s Jackson Hole Monetary Bacchanalia—where the unelected elites of the Fed gather to toast their failures—Powell dared to describe current monetary policy as “restrictive.” Then, with the other side of his mouth, he muttered about “adjusting the stance” due to “risks.” Translation: Prepare for another injection of counterfeit capital. And…