We Need a Stable Federal Reserve Policy Driven by Deregulation and Tax Cuts: Mark Skousen

1 month ago
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"The biggest problem with the Federal Reserve over the years is that we've created a boom-bust cycle through easy money-tight money, easy money-tight money. And we've gone through a period of easy money with the Biden administration.

…Interest rates were declining, and so forth. And then afterwards, in 2023, 2024 you saw interest rates move back up, inflation taking off, and so forth.

You want a stable Fed policy. That's really the key.

And it sounds like President Trump wants an easy money policy, which always leads to a boom-bust cycle. So, I think somewhere in between what the Fed wants and what Trump wants is a more reasonable approach to keep this economy on [an] even keel and let the tax cuts and deregulation drive the economy rather than artificial low interest rates." - Mark Skousen

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