The Treasury Secretary's Signal to Small Depositors

The idea that we lower interest rates at the top and then somehow say, well, the market wants lower interest rates has always just been absurd to me. When you force people out of safe investments into risky investments, you get risky investments. I think inflation is going to be with us for a long time. We might freak out if it gets too high, but I think we will live with the dull pain of ongoing levels of inflation.