So said Neel Kashkari, president of the Minneapolis Fed, on CBS “60 Minutes” last night. CashandCarry (er, I mean, Kashkari) is a banker who ran the corporate-welfare-for-failed-bankers program known as “TARP” in 2008-2009. At the beginning of his interview he said that the biggest mistake the Fed made during that time was that it did not inflate the currency enough.
10:32 am on March 23, 2020