Rising Interest Rates Are Revealing the True Damage Done by the Fed

Tags Central BanksEconomic PolicyThe FedInflationMonetary PolicyU.S. EconomyGold Standard

06/25/2022Tho Bishop

Narrator:

Janet Yellen admits she underestimated inflation, but she still does not realize that inflation is not higher prices, but the increase in fiat money that forces up prices.

Original Article: "Rising Interest Rates Are Revealing the True Damage Done by the Fed"

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Author:

Contact Tho Bishop

Tho is an assistant editor for the Mises Wire, and can assist with questions from the press. Prior to working for the Mises Institute, he served as Deputy Communications Director for the House Financial Services Committee. His articles have been featured in The Federalist, the Daily Caller, and Business Insider.