I think Powell was criticizing the Federal deficit as fiscal policy (over the wars and national defense) is competing against monetary policy. Deficit spending requires a higher interest rate to keep inflation at the 2% target. Otherwise there will need to be a series of new laws to keep the money tucked away from circulation. But alread…
I think Powell was criticizing the Federal deficit as fiscal policy (over the wars and national defense) is competing against monetary policy. Deficit spending requires a higher interest rate to keep inflation at the 2% target. Otherwise there will need to be a series of new laws to keep the money tucked away from circulation. But already in our area, Dollar General, CVS, and Walmart are suffering for labor at the hands of the military industrial complex.
I think Powell was criticizing the Federal deficit as fiscal policy (over the wars and national defense) is competing against monetary policy. Deficit spending requires a higher interest rate to keep inflation at the 2% target. Otherwise there will need to be a series of new laws to keep the money tucked away from circulation. But already in our area, Dollar General, CVS, and Walmart are suffering for labor at the hands of the military industrial complex.