First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/05/02/the-federal-reserve-is-fighting-inflation-blindfolded-003158
<p><img src='https://www.moneymetals.com/uploads/content/The-Federal-Reserve-Is-Fighting-Inflation-Blindfolded.jpg'/></p>When you look at what Powell & Company say and do, it becomes clear that these central bankers don’t know what they’re doing. It’s a monetary policy based on conjecture, wild guesses, and hope.
<p><img src='https://www.moneymetals.com/uploads/content/The-Federal-Reserve-Is-Fighting-Inflation-Blindfolded.jpg'/></p>When you look at what Powell & Company say and do, it becomes clear that these central bankers don’t know what they’re doing. It’s a monetary policy based on conjecture, wild guesses, and hope.