By John Sykes
"...the supply side is back in charge after a 30 year spree of one-time debt and leverage expansion. Consumer spending now depends on income—which means production, investment and enterprise are once again the source of growth, jobs and true national wealth.
This means, of course, that our monetary politburo is out of business; that “monetary accommodation” is nothing more than a one time parlor trick of central bankers. Unfortunately, like the real politburo in the Kremlin, the incumbents in the Eccles Building will not desist until they are finally chased from office by a massive uprising of the people—–that is, the savers, workers and entrepreneurs of America who have been shafted by the bubble finance policies of our monetary central planners"
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