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The Fed Hits the Panic Button and Slashes the Fed Funds Ratemises.org/mises-wire/fed-hits-panic-button-and-slashes-fed-funds-rate
78 sats \ 5 comments \ @Undisciplined 19 Sep 2024 econ
By Ryan McMaken
The Fed is desperate for you to think that “this time is different.” Unfortunately, Powell can’t seem to come up with an explanation of why that is the case.
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57 sats \ 1 reply \ @kepford 19 Sep 2024
Good title. That was my thought when I heard the news.
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0 sats \ 0 replies \ @Undisciplined OP 19 Sep 2024
I thought it was funny because someone had just posted about how dumb people were who thought there might be a 50bp cut.
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34 sats \ 2 replies \ @TomK 19 Sep 2024
It's really like reading a history book of the roman empire and it's monetary policy.
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47 sats \ 1 reply \ @Undisciplined OP 19 Sep 2024
That's a great chart.
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32 sats \ 0 replies \ @TomK 19 Sep 2024
And it speaks about a sad and wild epoch of european history. I studied ancient history and philo in my 2nd studies. It's fascinating
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