The Fellows of Summer
GoodFellows: Conversations from the Hoover Institution
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Is the Fed Controlling the Money Supply?
The way our world works, the fed does not control the money supply. Raising interustrates more than one for one with inflaction. The Fed is telling us inflation will be back at too close to two % in just a couple of years. That seems really unlikely to me. Ly, you are absolutely right, andi. Certainly it's scandalous.
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