“A financial crisis worse than that of 2007-09 is now possible, because of the ways markets have developed, and because the Federal Reserve let this happen.”

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https://www.twincities.com/2026/02/22/real-world-economics-the-fed-of-old-and-of-today/

“We have crawled out on a rotten limb from which it is difficult to get down.”

An old school conservative moderate economist who is fiercely anti-Trump.