A Truly Independent Fed Would Criticize Bad Fiscal Policy – Ep 822
The Peter Schiff Show Podcast
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The Federal Reserve Didn't Consider Rising Interest Rates on the Federal Budget
Powell said with a straight face that the federal reserve did not even consider the impact of rising intrust rates on the federal budget. Powell: How could they not consider it? It would be completely irresponsible and reckless not to consider it. The very reason the fed is supposed to be independent is so it can be to criticize bad legislation, he says.
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