The Fed Is Doing “Whatever It Takes” to Prop Up the Economy. That’s a Very Bad Thing.
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There’s now no difference between monetary policy and other government programs designed to prop up firms, industries, and other favored groups. The Fed is simply another government planning agency.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Original Article: “The Fed Is Doing “Whatever It Takes” to Prop Up the Economy. That’s a Very Bad Thing.“