Re:How does the economy work? A new Fed paper suggests nobod...
by nabla9 on Sunday October 03, 2021 @12:47PM
(#28738514)
Have you considered the possibility that Fed actually has overall positive role (limited by it working within the mandate)?
I'm not saying it does. But most people with very negative view barely know what Fed does and why it does what it does. Also they don't differentiate between what tools Fed has and what should be done using other means by Treasury and the rest of the government, but was left to Fed because politics is dysfunctional.
I'm not saying it does. But most people with very negative view barely know what Fed does and why it does what it does. Also they don't differentiate between what tools Fed has and what should be done using other means by Treasury and the rest of the government, but was left to Fed because politics is dysfunctional.