First published by Money Metals Exchange here: https://www.moneymetals.com/news/2021/09/29/the-feds-dangerous-path-toward-debt-monetization-002384
A prominent U.S. Senator just called the head of the nation’s central bank “dangerous.” Unfortunately, the true dangers of U.S. monetary and fiscal policy were lost on everyone involved. On Tuesday, Federal Reserve Chairman Jerome Powell testified before the Senate banking committee, where Senator Elizabeth Warren led the left wing of the Democratic Party’s attack.
