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Home | Mises Library | Interest Rates Are Rising, but the Fed Continues to Be Reckless

Interest Rates Are Rising, but the Fed Continues to Be Reckless

Audio Mises Wire

Tags Big GovernmentBooms and BustsEconomic PolicyThe FedInflationU.S. Economy

06/21/2022Thorsten Polleit
Narrator: 
Millian Quinteros

The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.

Original Article: "Interest Rates Are Rising, but the Fed Continues to Be Reckless"

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Author:

Thorsten Polleit

Dr. Thorsten Polleit is Chief Economist of Degussa and Honorary Professor at the University of Bayreuth. He also acts as an investment advisor.

Creative Commons Licence
 
Original Article: 
Interest Rates Are Rising, but the Fed Continues to Be Reckless