The Federal Reserve can’t engineer a soft landing: it will be a crash landing

Chairman of the Federal Reserve, Jerome Powell, has recently ramped up talks about a soft landing. A soft landing here refers to the potential for the economy to not go into a recession, even though the Fed is raising interest rates to fight inflation.

Yes, we can imagine such a scenario; however, the first question we have to ask…

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Jonathan Garner

Jonathan Garner

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/