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> I’m not placing blame. > The FED… mitigate swings > The FED… prevent bank failures > The FED was instrumental… It sounds a whole lot like you are placing bl
by ericmay 4y ago
> I’m not placing blame.
> The FED… mitigate swings
> The FED… prevent bank failures
> The FED was instrumental…
It sounds a whole lot like you are placing blame.
The FED has a mandate to keep inflation around some percentage and to keep unemployment around some percentage. It most certainly does not have a mandate to prevent bank failures or “mitigate swings in the economy” whatever that means.
> The Fed was instrumental in creating the inflation.
Can you specify the exact actions the FED took to create inflation? Not that you are blaming them of course.
- chiefalchemist 4y agoAccountability !== blame Responsible !== blame The facts and events speak for themselves.