Steve Goldstein — Opinion: Proposals to guarantee jobs spotlight uncomfortable truth about Fed

Summary:
Federal Reserve always wants millions of people to be out of work… Put more bluntly, it’s worth at least thinking about what Bernie Sanders would do to mitigate the impact of Jerome Powell. Buffer stock of employed versus buffer stock of unemployed.MarketWatchOpinion: Proposals to guarantee jobs spotlight uncomfortable truth about Fed Steve Goldstein | DC Bureau ChiefSee alsoWhy the Fed should give everyone a checking account Greg Robb | Senior Economics ReporterSee also But the threat of sanctions as a tool to protect U.S. intellectual property (IP) is a canard — we’re not concerned that China is stealing our IP, we’re scared that it is out-innovating the West and is ahead in AI. US getting out-innovated?Opinion:Why Chinese companies including Alibaba and Tencent have an edge over

Topics:
Mike Norman considers the following as important: buffer stock unemployed, dual mandate, FED, Monetary Policy, NAIRU

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