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Blame the Fed for Both the Inflationary Boom and the Inevitable Bust

Audio Mises Wire

Tags The FedMoney and Banks

09/09/2022Ryan McMaken

Powell isn't a villain for pulling his foot off the money-creation accelerator a little. No, Powell's villainy stems from his role in helping create the boom in the first place.

Original Article: "Blame the Fed for Both the Inflationary Boom and the Inevitable Bust"

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Contact Ryan McMaken

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Original Article: 
Blame the Fed for Both the Inflationary Boom and the Inevitable Bust