The Clueless Fed

The Federal Reserve Bank’s complicity in creating the recession/inflation quagmire is well-known, but many citizens don’t fully understand the full scope of the role it played in creating this economic calamity and are unaware of the extent to which the Fed has been complicit.

Fed President Raphael Bostic

• Bostic and his pals at the top of the Fed spent most of 2021 completely misleading the American people about growing, systemic inflation as being "transitory."
• Fed Chairman Jerome Powell was ever ready to join in with his Fed predecessor, Janet Yellen, in parroting that fanciful propaganda buzzword.
• Powell abused the credibility that the Fed had earned in prior decades.
• Like so many top organizations of Washington, the Fed now exists principally to further its own institutional power, and not to enhance the prosperity and security of American families.

 

https://stevecortes.substack.com/p/the-clueless-fed?utm_source=post-email-title&isFreemail=true&utm_medium=email