The Federal Reserve’s plan to combat recessions rarely works and often benefits the already-rich — here’s why

Paul Constant Jan 15, 2022, 5:00 AM

The US Federal Reserve building in Washington DC
The US Federal Reserve building in Washington, DC. 
  • Paul Constant is a writer at Civic Ventures and the cohost of the “Pitchfork Economics” podcast.
  • He spoke with author Christopher Leonard about the role of the Federal Reserve in recessions.
  • Leonard says the Fed should put money into Americans’ hands, not Wall Street, to boost the economy.

https://www.businessinsider.com/why-federal-reserve-plan-combat-recessions-doesnt-work-benefits-rich-2022-1

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About michael burgwin

A child of the peace and antiWar movements, a Truther with self-diagnosed Opposition Defiance Disorder, formerly politically liberal tho now politically marooned, and Post-Doomer, on any issue, I trend to the conspiracy side, sort through the absurd, fantastical and insane, until I find firm ground usually located just the other side of the censorship firewall of propaganda and orthodoxy, dogma, and other either / or thinking.
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