The Fed Can’t Undo Damage It’s Already Caused
The Fed Cannot Undo the Damage It Has Already Caused By: Frank Shostak On Wednesday, March 16, 2022, the US central bank, the Federal Reserve System, raised the target for the federal funds rate by […]
The Fed Cannot Undo the Damage It Has Already Caused By: Frank Shostak On Wednesday, March 16, 2022, the US central bank, the Federal Reserve System, raised the target for the federal funds rate by […]
By: Frank Shostak Most commentators are of the view that the massive monetary pumping of the Fed during 2008 prevented a major economic disaster. The yearly rate of growth of the Fed’s balance sheet jumped from […]
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