The Federal Reserve Isn't What Pundits Want It To Be, And Never Was
1. The Fed's price stability mandate is based on flawed theories. 2. The article criticizes central bank influence on prices and the economy. 3. Price movements are essential for market organization, contrary to Fed beliefs. 4. Innovators drive economic growth, independent of Federal Reserve policies. 5. The assertion is that price stability is an unachievable goal for the Fed.