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WSJ Columnist asks Fed: 'What the...?'
A recent Hidden Forces podcast with Demetri Kofinas featured professor Kevin Vallier and his new book "Trust in a Polarized Age". Vallier notes that Americans are less trusting than at any point since at least the 1960s. The timing is no surprise to any that read William Strauss and Neil Howe's The Fourth Turning. The "American High" - a period of confidence during which the society felt it could accomplish anything - ended with President Kennedy's assassination.
That phenomenon - that lack of trust, that lack of confidence - can be observed even in the University of Michigan survey of…
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