Dec 14, 2021
Great article and excellent use of actual cited data!!
I disagree with you on the inflation Fed issue.
The Fed has a dual mandate: keep inflation at about 2% and work toward full employment (approx 5%)
IMO we need to take employment mandate off the Fed plate and give it to Congress- have Congress enact a Jobs Guarantee to every American (with perhaps universal basic income UBI). The Fed can then just manage the money supply