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Congress Should Abolish the Fed for Failing to Achieve Its Mandates
mises.org/mises-wire/congress-should-abolish-fed-failing-achieve-its-mandates
As I discussed in this article, Congress has given the Fed a “triple mandate” to maintain 1) maximum employment; 2) a stable price level; and, 3) low interest rates. I also showed in that article that the Fed has failed to achieve these mandates again and again over the past 112…
This story appeared on mises.org, 2025-05-15 11:02:23.