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October 15, 2022
The Fed Is Finally Seeing the Magnitude of the Mess It Created
By Ryan McMaken
The Fed's entire "strategy" can be summed up as "hike 'til it breaks, cut 'til it inflates." That's the best all those PhDs at the Fed have managed to come up with.

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Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?
By Frank Shostak
Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem.

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