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The Federal Reserve Cut Rates So the Rich Get Richer
As the Federal Reserve signals it doesn't care about price inflation, we're reminded the Fed is mostly motivated to ensure rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.
Free Book: Get your copy of Hayek for the 21st Century, featuring Hayek’s classic essays on liberty, knowledge, and markets. Claim yours at https://mises.org/Hayek21
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By Mises Institute
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As the Federal Reserve signals it doesn't care about price inflation, we're reminded the Fed is mostly motivated to ensure rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.
Free Book: Get your copy of Hayek for the 21st Century, featuring Hayek’s classic essays on liberty, knowledge, and markets. Claim yours at https://mises.org/Hayek21
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off
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