The Vigilantes Are Back

But what the heck took them so long?

The bond market used to predict the perils of printing money, but traders on Wall Street have been AWOL on inflation for over a decade. In fact, both the stock and bond markets have bought into the failed demand-side doctrine that says all we need is another fiscal ‘stimulus’—financed by new taxes, more borrowing and most of all, easy money.

AOC tries …