The Greatest Myth Propagated About The FED: Central Bank Independence (Part 3)
There never has been the kind of independence supposed by orthodox economists.
Day: May 28, 2023
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 2)
In this blog we look at the myth of Fed independence from its creator, the Congress and from the Treasury.
The Greatest Myth Propagated About The FED: Central Bank Independence (Part 1)
It has been commonplace to speak of central bank independence—as if it were both a reality and a necessity…
CBO—Still Out of Paradigm after All These Years
Gold-standard thinking is inapplicable to a sovereign, currency-issuing government operating under flexible exchange rates.