2min chapter

Forward Guidance cover image

Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The Fed's Job to Not Care

I have always advocated for the little guy and a little gal. I get that a nasty recession is going to be painful. But we haven't yet had a recession that's painful enough that there's pain inflicted on what we got this discussion started with. And if the Federal Reserve wants to help, you know, regular people, it's a little perverse. The only way it can do that is by helping rich, really risk people. If you want to stop gap, mother, measure for the lower income workers, then you keep making the rich richer. Yes. You level the playing field, you regulate private capital. They don't have different tax laws that apply only to them. Right

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