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Per the article, they are now expected to raise rates much more slowly than they otherwise would have.
by jgwil2 4y ago
Per the article, they are now expected to raise rates much more slowly than they otherwise would have.
- throw_m239339 4y ago"expected". At some point, the FED is going to run out of instruments to tamper with to prop up a fake economy. It's going to crash, that's inevitable. The whole narrative behind the creation of the FED was that private bankers would enact more rigorous economic policies than politicians and it would lead to more economic stability. It's clearly not the case now. The very existence of the FED will be questioned.
- zadler 4y agoEh, this is par for the course in democratic decline… same situation in Argentina for example, central bank is supposed to be independent but in reality the government controls fiscal policy. It’s true that the US has a long way to fall though.
- theGnuMe 4y agoIt'd be way worse without the Fed, we'd have a collapse of everything...