Topic: St Louis Fed

1 chapters across the catalog

Edward Dowd presents a 2020 clip of St. Louis Fed President James Bullard discussing "immunity badges" and daily testing as a solution for the economy. Dowd explains a "twin policy error" where the Federal Reserve is raising interest rates into a supply-side inflation crisis caused by bad energy policies. He notes that the concurrent rise of the U.S. dollar and commodity prices is an unprecedented anomaly indicating a severe credit contraction.