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Business and investor interests quickly point to the federal reserve as a scapegoat for policies which they needed to prevent bankruptcy in the worst period of
by misterbishop 4y ago
Business and investor interests quickly point to the federal reserve as a scapegoat for policies which they needed to prevent bankruptcy in the worst period of the covid crash.
We've had a surreal 2 years where the US is clearly in decline yet the stock market and rampant speculative investing suggest a booming economy. It's been a bit of a fantasy for the property-holding class, while regular people still largely see unstable work schedules, omicron spreading, and crumbling roads/infrastructure.
Fiscal policy is badly needed, along with a big wealth tax to fund it.