The Mortgage-Rate Scapegoat Masks a $3.4 Trillion Transfer

Declared advocacy, not analysis

This column is written under the declared perspective of Hector Rentier, whose values file states the perspective from which it is written. Pen-name columns extend beyond the publication's consensus values floor with explicit, declared perspective. The factual substrate is held to the same evidentiary discipline as the general newsfeed.

The tax cut drove up your mortgage. He blamed the Fed.

Editorial cartoon by Hector Rentier: The Mortgage-Rate Scapegoat Masks a $3.4 Trillion Transfer

This cartoon ran with The Mortgage-Rate Scapegoat Masks a $3.4 Trillion Transfer.

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Hector Rentier