I am not one to dismiss the inflation of the 1970s as a very serious policy problem at the time. Obviously, anyone who lived through that is aware of it..
Daniel McDowell, Aditi Sahasrabuddhe and Kindred Winecoff have a terrific explainer on what the Fed is doing in the face of growing global economic crisis. They focus on four points:.
Nothing excites the blood like the fed and monetary policy. So here's a great piece by Dean Baker getting after the fed for raising interest rates and causing unemployment. However,.
Read Mike Konczal's review of multiple recent books dealing with the intersection of the Federal Reserve and the banking system. PEOPLE MAY REMEMBER that in his 1933 inaugural address, Franklin.