Inflation: The Fed becomes an issue for 2024

The New York Sun/Editorial Staff/10-13-2022

“Quite a battle is shaping up over the outsized role played by central banks in America’s and other countries’ economic, and political, affairs. The failure to control inflation — witness today’s news that consumer prices rose again at a pace not seen in 40 years — comes at a time of rising concern, as Judy Shelton writes in the Wall Street Journal, that ‘central banks have become too powerful, too prominent and too political.’”

USAGOLD note: A critique on the oversized role the Federal Reserve plays in the economics, finances and politics of the nation……