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pogchampnibba69420 t1_iydr0ob wrote

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In_betweener t1_iydrvf1 wrote

we were on this path under Yellen...but its not either of them that is the cause.

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_Schneebley t1_iydsht3 wrote

Exactly, The Fed can only do basically 2 things, raise interest rates to curb inflation and purchase assets (and lower interest rates) during an economic crisis. Thats...it... They don't control spending, taxation, ect. They only control the money supply and provide liquidity to the market. Federal Reserve is only reactionary to what Capitol Hill is doing and the economy at large.

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