The Fed & The Big Spenders: Teammates or Rivals?

The Fed's raising of interest rates has big spenders in the government upset. Many years of near 0% rates have created the biggest bubble in history. The government and the people are saddled with historic debts. Of course, the big spenders want The Fed to crank the printing presses back up. This is the fate of central planning and attempting to control the economy. It cannot be done. Sound money and free markets are the only way out of this mess.