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The Fed has not been successful; everyone knows this.
But replacing it with a system where the president de facto control interest rates is not an improvement.
Maybe we should just let the market determine interest rates?
Markets are pretty good at that sort of thing.
22.7. klo 02.45
The Treasury secretary is the latest to criticise the Federal Reserve, questioning whether the US central bank, which is headed by Jay Powell, has been 'successful'.
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