WRITTEN BY DAVID BARKER ON APR 10, 2023. POSTED IN LATEST NEWS
The Fed’s Climate Studies Are Full Of Hot Air
federal reserve sfThe Federal Reserve’s credibility is in tatters.
It predicted low inflation through 2021 even as the money supply exploded and higher inflation followed. To catch up, it quickly raised interest rates, stressing many banks, and Fed examiners failed to act before depositors noticed that Silicon Valley Bank was insolvent.
The result was bank runs and panic. But instead of lowering inflation and preventing recession, many of the Fed’s 400 economists are busy fighting climate change. [emphasis, links added]
https://climatechangedispatch.com/the-feds-climate-studies-are-full-of-hot-air/
