Reincarnation exists

John Tamny is Andrew Mellon reincarnated! In “Recessions Are Absolutely Beautiful, And Should Be Renamed ‘Recovery‘”, he concludes:

Thinking about all this, what’s plainly missed by Ip is the unseen.  Indeed, imagine how much lower unemployment would be and how much higher asset prices would be today if the Fed had allowed the economy to cleanse itself of all that was restraining it back in 2008.

Mellon-Tamny