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The Fed Can’t Fix the Economy, but It Can Break It

Despite assurances from politicians and the media, the Federal Reserve System is not a collection of geniuses who stand guard against inflation and recession. Instead, think of the Fed policy makers as the Keystone Cops of central banking.

Original Article: “The Fed Can’t Fix the Economy, but It Can Break It

This Audio Mises Wire is generously sponsored by Christopher Condon.