The Fed Is Draining Our Economy Like Farmers Have Drained Their Aquifers – OpEd

By William L. Anderson

In an October column, Paul Krugman admonished people who are not all in on the Joe Biden economy and declared that we are headed at worst for a “soft landing” in which an economic slowdown—if it happens at all—will be short and shallow. He wrote:

The most important reason for optimism is that...