Climate Change Is The New Fed Mandate
Given the Fed has blown three economic bubbles in succession, has never spotted a recession in advance, and is totally clueless about price stability, perhaps it ought to stick to monetary policy.
Then again, if the Fed were to abandon monetary policy and just let the free market work, that could be an adequate tradeoff for letting the Fed pontificate on climate change.
Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
