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IPFS News Link • Economy - Economics USA

Can the Fed control prices?

• by MISH (Global Economic Analysis)
Can the Fed control prices?

No matter what anyone thinks, the Fed can't. If the Fed could, oil would not be $70, food prices would not be soaring and housing prices woul

1 Comments in Response to

Comment by hatchcar
Entered on:

Mish, the only thing the Fed really knows how to do is to make prices rise. In those industries, where there's liitle or no regulation, prices are coming down. That's the model we need to follow, not a printing press.



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