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A comment on Payroll employment rises by 353K in January; unemployment rate remains at 3.7%. Parent comment
And until at least the 1980s the Fed did worse than the (broken!) system that they replaced.
See https://www.cato.org/policy-report/november/december-2012/ha... about the Fed.
On the positive side, Canada would have been an excellent role model to emulate, instead of coming up with the Fed system: https://www.cato.org/blog/there-was-no-place-canada
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And until at least the 1980s the Fed did worse than the (broken!) system that they replaced.
See https://www.cato.org/policy-report/november/december-2012/ha... about the Fed.
On the positive side, Canada would have been an excellent role model to emulate, instead of coming up with the Fed system: https://www.cato.org/blog/there-was-no-place-canada