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The Fed Embraces Its Inner Zimbabwean

Summary:
With Jerome Powell and Janet Yellen focusing on using monetary policy to manage climate change, the M1 money supply has gone parabolic, from just over trillion in February to .6 trillion in March. This is right out of Zimbabwe’s playbook. Original Article: “The Fed Embraces Its Inner Zimbabwean?” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Powered by WPeMatico

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With Jerome Powell and Janet Yellen focusing on using monetary policy to manage climate change, the M1 money supply has gone parabolic, from just over $4 trillion in February to $18.6 trillion in March. This is right out of Zimbabwe’s playbook.

Original Article: “The Fed Embraces Its Inner Zimbabwean?”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Powered by WPeMatico

Mises Institute
The Mises Institute, founded in 1982, teaches the scholarship of Austrian economics, freedom, and peace. The liberal intellectual tradition of Ludwig von Mises (1881-1973) and Murray N. Rothbard (1926-1995) guides us. Accordingly, we seek a profound and radical shift in the intellectual climate: away from statism and toward a private property order.

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