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The Fed Did It Again!

August 22nd, 2016 · No Comments

  • There is a cottage industry blaming the Fed for everything that goes wrong in financial markets and the economy.
  • Most of these argue that the Fed’s easy money was the cause of the crisis but some argue it was actually tight money that caused it all.
  • While we feel both views are deeply mistaken but the latter is simply factually wrong and that’s not difficult to demonstrate.

The Fed Did It Again!

Tags: Monetary policy