As radical economists see it, when it comes to making monetary policy, the Fed consistently puts the

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As radical economists see it, when it comes to making monetary policy, the Fed consistently puts the interests of bondholders ahead of people seeking work. It regularly moves to protect the value of their stocks and bonds by keeping inflation low even at the expense of maintaining employment growth.

a. In your opinion, does the Fed use monetary policy to direct the economy to everyone's benefit?

b. Should the Fed serve the interests of the holders of financial assets or the interests of workers? (Radical)

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Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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