Federal Reserve playing chicken with financial markets

American Thinker ^ | 25 Sep, 2022 | Monty Pelerin

[neverevergiveup]

The choice is high inflation or a recessionary economy.

Or both simultaneously, which is what we have. Keep in mind that economics is NOT a science, and some of the worst decision making and predictions comes from economists. The pure mathematicians I know think economists are amusingly pathetic.

[cymbeline]

“No matter who wins, the American people lose.”

The American people’s loss has taken a couple of years to ripen. The ordinary American person will take the hit and the colluders will make out like bandits.

[jdsteel]

Our current inflationary issues are not the result of the Fed. While what you say is true it is only a small part of the problem.

[Warriorposter]

True, inflation comes from excess federal spending .

The fed doesn’t start or contribute to inflation beyond cheap money