3min chapter

ACQ2 by Acquired cover image

Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)

ACQ2 by Acquired

CHAPTER

The Fed Isn't the Right Thing for Our Economy, but We May Need a New System

i've been personally on this journey of trying to understand how the fed works and how our economy works, and it's slightly discomforting. And one of the reasons why i think we really are sticking to the same old tools is because it's kind of terrifying. Imagine sitting in your own powel seamay, he's not a trained economist, so may be easier for him than others, but he's a heck of an economist because he's picked it up. But yo, nour janet yellene seat, where it's like boy. Or even paul crugman, who likes to pick fights with the m m tiers because he, you know, he got a noble prize

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