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The problem isn't the Fed. The problem is that elected politicians use the majority of their bandwidth to bribe and advertise to voters, and dedicate relatively
by Aunche 4y ago
The problem isn't the Fed. The problem is that elected politicians use the majority of their bandwidth to bribe and advertise to voters, and dedicate relatively little time to actually improving the nation in ways that aren't obviously visible. You can't fix the government deficit, poor regulation, or inefficient government spending with exceptional monetary policy.