Central bank independence could be under threat. Here’s why that matters
by George Lagarias
Mar 20, 2024
2 minutes
The US election cycle is focusing on all the usual issues: personalities, inflation, identity, the environment, foreign relations and geopolitics. Yet the one subject that could affect the global economy and the finances of everyone on the planet has completely escaped discussion: will the Fed remain independent? Or will it be shanghaied into lowering rates to absorb the massive debt build-up?
Monetarism is a system whose
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