Fed policymaking is all about political expedience. When we see Fed policy, we must keep in mind that "managing the economy" is secondary to managing public debt service and public expectations.

Original Article: <a href="https://mises.org/wire/august-price-inflation-accelerated-and-fed-fears-more-store" target="_blank">August Price Inflation Accelerated, and the Fed Fears More Is in Store</a>

Fed policymaking is all about political expedience. When we see Fed policy, we must keep in mind that "managing the economy" is secondary to managing public debt service and public expectations. Original Article: August Price Inflation Accelerated, and the Fed Fears More Is in Store{ai:summary}<p>Fed policy is driven by political expediency, prioritizing debt service and public expectations over managing the economy. #economy</p>

August Price Inflation Accelerated, and the Fed Fears More Is in Store

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