Sunday, September 11, 2022

The Fakery of “Fighting Inflation”

Some interesting points made here. Some nuance may be oversimplified but in the whole I agree with the argument. 

In government and at the Federal Reserve it should be the same as with doctors - first do no harm. But instead the bankers feel they must tinker to show they're doing something. And generally there's no repercussions for when their tinkering goes wrong.

HT Stephen Landry

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