Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The Fed shouldn't get credit for tackling the inflation threat, Jeremy Siegel says.
The "Wizard of Wharton" blames the Fed for the US money supply soaring and prices surging.
The Fed has caused a "permanent loss of purchasing power" for workers and savers, Siegel says.
The Federal Reserve has overseen a sharp drop in inflation, without unemployment spiking or the US economy slumping into recession. However, Fed Chair Jerome Powell and his colleagues deserve little praise as they caused the headache in the first place, Jeremy Siegel says.
I'm glad the Lib campuses and media are finally admitting this part of the problem, not just Fox Business
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
