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Mises Was Right.  Powell Is Wrong.

Unsustainable profits brought upon by reckless credit expansion cause recessions. Raising interest rates just pricks the bubble further. That’s why central banks are always too late in their moves, as the Fed is now. Good morning on this fine, sunny Thursday! Since this edition of the Rude is to refute Jay Powell’s delusions with Mises’s...

Jon Najarian

Jon Najarian is a legendary options trader, hall of famer, and TV celebrity. Many know him as a best-selling author and the host of CNBC’s Halftime Report.

Jon earned the nickname “DRJ” - Dr. J - from his time working on the hardknock Chicago trading floor of the 1980’s, where he competed against some of...

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