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A comment on For the First Time, the Fed Is Losing Money. Parent comment
If you have this insight, you're already ahead of the game.
The background of orthodox macroeconomics, and the rationale for raising rates in response to inflation, comes from Keynes: https://en.wikipedia.org/wiki/The_General_Theory_of_Employme...
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If you have this insight, you're already ahead of the game.
The background of orthodox macroeconomics, and the rationale for raising rates in response to inflation, comes from Keynes: https://en.wikipedia.org/wiki/The_General_Theory_of_Employme...