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Not at all. I don’t understand how people can keep fear mothering about the US’s “money printers” with a straight face when the USD is stronger than its ever b
by addicted 4y ago
Not at all.
I don’t understand how people can keep fear mothering about the US’s “money printers” with a straight face when the USD is stronger than its ever been and there is no indication in any of the currency markets, bond markets, etc that it’s about to change.
The Fed is still independent. And the people running it are a heckuva lot smarter than nearly everyone that Monday Morning QBs their decisions.
The Turkish “Fed” is not independent at all. Every time the finance minister in Turkey wanted to make the correct financial decision over the past couple of years (ie, raising rates), Erdogan fired them and hired someone else, until he reached the point that the only person who would take up that job was a family member with no economic training.