Again: Good “Mainstream” Econ Podcasts still get basics wrong, frustrating

Another otherwise interesting Planet Money podcast.

But with the complete and total belief in the falsehood that interest rate manipulation does what the mainstream thinks it does, when it clearly does not (and never has).

Happy Fed Independence Day (Update)https://www.npr.org/2021/03/01/972618276/happy-fed-independence-day-update

Everything everyone mentions about the effects of manipulating the base interest rate is incorrect.

Therefore the entire story makes no sense.

Sad this disinformation continues.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s