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> And compare to (say) the Federal Reserve's handling of the economy in recent decades. Can you elaborate on this point? It seems to me like the federal reser
by AlexandrB 3y ago
> And compare to (say) the Federal Reserve's handling of the economy in recent decades.
Can you elaborate on this point?
It seems to me like the federal reserve has done a fine job with the tools/mission they have. Their goal is to manage growth and keep inflation within some reasonable bounds and they seem to be doing that ok. They don't have the power to build more housing, change zoning laws, or dictate how the government responds to a global pandemic.