What The Fed Hasn’t Fixed (And Actually Made Worse)

What The Fed Hasn’t Fixed (And Actually Made Worse)

Submitted by Charles Hugh-Smith via OfTwoMinds blog, The Fed has not only failed to fix what's broken in the U.S. economy–it has actively made those problems worse. The Federal Reserve claims its monetary interventions saved America from economic ruin in 2009, and have bolstered growth ever since. Don't hurt yourself patting your own backs, Fed governors past and present: it's bad enough that the Fed can't fix the economy's real problems–its policies actively make them worse. After seven long years of politicos and the financial media glorifying the Federal Reserve's…

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