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The Washington Post Is Wrong: History Proves the Federal Reserve Econometric Models Cannot Make a Fiat Money System Work – The American Spectator | USA News and Politics

The Washington Post Is Wrong: History Proves the Federal Reserve Econometric Models Cannot Make a Fiat Money System Work – The American Spectator | USA News and Politics

The solemn Washington Post editorial warned against the Federal Reserve being forced to make economic policy decisions that are the “product of political pressure, not economic data.” It argued “that the world’s most powerful central bank makes decisions based on economic conditions, not short-term political considerations.” It warned that the…

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