A Politically Captive Fed Would Be a Weak Fed

'A recipe for higher costs and lower living standards'

'A politically captive Fed would be a weak Fed' Ernie Tedeschi at BloombergReplacing Fed Chair Jerome Powell with "someone more willing to follow the administration's preferences in setting interest rates" could have a "profound impact on the economy and the cost of living for Americans," says Ernie Tedeschi. It "could backfire spectacularly if markets started to believe the Fed is taking its cues from politicians." Undermining "trust in the Fed…

A politically captive Fed would be a weak Fed

Undermining trust in the Fed for short-term political gain is a recipe for higher costs and lower living standards for all Americans over time.

A Politically Captive Fed Would Be a Weak Fed

The Trump administration is demanding the central bank slash interest rates. Ironically, that would likely cause your borrowing costs to rise.

The Federal Reserve Is a Scam—Here’s Why It’s Time to Shut It Down for Good

The Federal Reserve has operated in the shadows for over a century, cloaked in complexity and backed by political complacency. What was sold to the American people as a stabilizing… The post The Federal Reserve Is a Scam—Here’s Why It’s Time to Shut It Down for Good appeared first on stupidDOPE