The Illusion of Fed Independence-Here’s the Truth
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- Опубликовано: 7 фев 2025
- Is Fed independence just an illusion? In this clip from Maggie Lake Talking Markets, Harry Melandri explains why inflation is deeply tied to fiscal policy, how government spending clashes with the Fed’s monetary strategy, and why this could lead to even higher interest rates. Is the Fed really in control?
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Facts. These interest rates aren't high because of the private sector. They are high because of enormous government spending, who's inflation is always absorbed by the private sector. Government employment has become a welfare state.
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