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A comment on US Federal Reserve raises interest rates for first time since 2018. Parent comment

Re:US Federal Reserve raises interest rates for first time s... by travisgriggs on Wednesday March 16, 2022 @05:32PM (#30704369)
Let’s rebrand it as Critical Fiscal Theory.

I’ve got my popcorn already.

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Re:US Federal Reserve raises interest rates for first time s... by kregasaurusrex on Wednesday March 16, 2022 @06:01PM (#30704692)
Not-quite Fiscal Theory: the fed mints a $1 trillion dollar platinum coin and lends it to congress to allocate the year's budget. The coin may not have any value beyond spot, but everyone can see that congress has a rare piece of metal!
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