The Fed’s Low Interest Rates and QE Have Created a Dependent Generation

On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U.S. economy for nearly a decade and spawned a generation of socialists.

Also read: Bitcoin and the Agora: Every Transaction Outside the Nexus of State Control Is a Victory

The U.S. Federal Open Market Committee Too Stubborn to Raise Interest...

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