Report says lack of ‘intellectual diversity’ at senior level and too wide a range of priorities led to errors and fall in public confidence

  • eskimofry@lemmy.world
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    1 year ago

    For them, keeping inflation under control is merely dogwhistle for keeping the working class in line and under their thumbs. The main way this happens is a recession causes fiat to lose power while the power of capital assets increase an equal amount.

    Common people are barred from increasing their collective power.

    Powell and the federal reserve are the main villains in this terrible economy.