Fed's False Independence: The Collapsing Illusion

Fed's False Independence: The Collapsing Illusion
Transcript
Most people think that the central banks are independent agencies and they're working hard on our behalf to keep prices stable, to keep employment up and to keep the markets up. Aren't they so lovely? But what if I told you that my real job is based on your hopium? that I'm really doing things for your benefit. My real job is to regulate the rate a... Read More
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