, Columnist
Is the Fed Making a Terrible Mistake?
Or are we just too antsy about a stagflation that hasn’t shown up yet?
Jerome Powell, upon hearing he may have to learn to weld.
Photographer: Alex Wong/Getty Images North AmericaThis article is for subscribers only.
This is Bloomberg Opinion Today, a pretaped celebrity benefit of Bloomberg Opinion’s opinions. Sign up here.
A fun, by which I mean not fun, headline today was “‘Bomb Cyclone’ Snuffs Out California’s Massive Dixie Wildfire.” Along with being a “30 Rock” joke come to life, this is like hearing the cane toad has snuffed out your beetle problem or Godzilla has snuffed out your Ghidora problem.