Tuesday , 25 September 2018

Economic Overviews

True or False: The Fed Can Control the Money Supply & Interest Rates?

Most economists (primarily Keynesians and monetarists) believe that authorities can control the money supply and interest rates, and most neo-Austrians believe that the Fed is all-powerful when it comes to inflating - that whatever inflation rate it wants, it simply manufactures. Is that true or false? Read on for the answer.

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