The Exorbitant Burden with Matthew C. Klein
The ACID Capitalist Podcast
00:00
Is the Fed Really Trying to Help the UK?
The only channel to achieve competitiveness in the 1920s was to reduce your domestic prices. And so you had profound deflation on the personal households sector. The Fed basically tried to actually lower interest rates to help the UK, but then they raise interest rates in 29 and 30 years later.
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