3 ms·
> Also, that's not the Feds job. Yes, I'm lamenting that the Fed is "responsible" for inflation but only given the tools to attack one side of it.
by runnerup 4y ago
> Also, that's not the Feds job.
Yes, I'm lamenting that the Fed is "responsible" for inflation but only given the tools to attack one side of it.
- dragontamer 4y agoThe Fed is in charge of general inflation. The Agriculture department is responsible for eggs, corn and food. The Department of Energy is responsible for oil, nuclear, and solar. Housing and Urban development is responsible for housing. The Fed is responsible for the stability of the dollar. ------- If there is a specific field that's doing poorly, we focus on that. We're looking at the Fed because we think the general dollar is devaluing too quickly, which is absolutely the Feds job to fix.