The Fed's dual-mandate is price stability and maximum employment. However, Lyn Alden points out that these two metrics don't necessarily have a direct correlation with each other despite the fact that the Fed believes they do.
High signal rip on the Fed, inflation, the structural problems causing inflation, bitcoin, and war as a distraction from incompetence
https://tftc.io/tftc-podcast/402/
so the Fed wouldn’t be losing money without Lyn Alden?
the caption of the episode needs work 🤣💜
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