Relying on the Fed to bring down prices is like treating someone’s fever by putting them in a freezer. It doesn’t treat the underlying disease, and could make things far worse.
— Robert Reich (@RBReich) June 15, 2022
Tag: fed
You Can Thank Ronald Reagan for the Economic Shitstorm to Come | Thom Hartmann
In addition to an economy held together with the baling-wire of Fed stimulus (that’s ending), both the U.S. and the world are facing a wild spectrum of assaults that could have huge economic impacts.
Source: Opinion | You Can Thank Ronald Reagan for the Economic Shitstorm to Come | Thom Hartmann
Fed hopes for ‘soft landing’ for the US economy, but history suggests it won’t be able to prevent a recession
The Federal Reserve is expected to lift interest rates a half point at its next meeting and more in the coming months, but it may be too late to forestall an economic downturn.
1848+: The End(s) of History 