The Fed's Current Monetary Stance Will Lead to Stagflation, Not Deflation

The Fed’s Current Monetary Stance Will Lead to Stagflation, Not Deflation

Tags: Booms and Busts, Inflation, Unemployment, U.S. Economy

10/29/2022 Mihai Macovei

After following hyper-Keynesian policies for more than two decades, the Fed is about to create the conditions that Keynesians claimed were impossible: an inflationary recession.

Original Article: “The Fed’s Current Monetary Stance Will Lead to Stagflation, Not Deflation”

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