“I trust that you will never lose sight of the fact that millions of Americans are dependent on the Fed continuing to support the economy’s recovery.” Those are the words of Democratic Rep. James Clyburn to Fed Chairman Jerome Powell in a 2021 hearing. The quote comes care of the Wall Street Journal’s Allysia Finley.
Continue reading on Forbes.
-
John Tamny is Founder and President of the Parkview Institute, editor of RealClearMarkets, senior fellow at the Market Institute, and Senior Economic Adviser to mutual fund firm Applied Finance Group. Tamny is the author of eight books. His latest is The Deficit Delusion: Why Everything Left, Right and Supply-Side Tell You About the National Debt Is Wrong. His others are Bringing Adam Smith Into the American Home: A Case Against Home Ownership, The Money Confusion, When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason, Popular Economics, Who Needs the Fed?, The End of Work, and They're Both Wrong: A Policy Guide for America's Frustrated Independent Thinkers.
View all posts
