3 ms·
There's little choice but to rationalize this state of affairs. Continuing to inflat the money supply is the politically expedient option. Price inflation is a
by aww_dang 6y ago
There's little choice but to rationalize this state of affairs.
Continuing to inflat the money supply is the politically expedient option. Price inflation is a related phenomenon. The Fed is unable to decrease it's balance sheet in a meaningful way.
Some politicians are critical of central bank monetary policy. They are frequently maligned.