Unmasking the Fed's Interest Rate Illusion

The economy weakens and everyone looks to the Fed or any central bank to cut policy rates. But why? They call it stimulus but the real reason is nothing you've ever heard. In fact, Fed officials intentionally lied for decades to keep this quiet. You don't have to take my word for it; hear it from the maestro's mouth as we go down the rabbit hole of interest rates. 

Eurodollar University's Make it Make Cents

FOMC March 1991
https://www.federalreserve.gov/monetarypolicy/files/FOMC19910326meeting.pdf

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU