davidaugust, 
The Board of Governors of the Federal Reserve System has one tool that doesn’t work and they insist on using it anyway.
The Fed is damaging things by intending to increase unemployment under the false belief unemployment would address greed fueled inflation.
It isn’t true inflation unless wages increase too, it is profit-taking.
#econ #economy #economics #FederalReserve #InterestRates #unemployment #jobs #banks
