The Economy Is Weak Because the Economy Is Weak

The Economy Is Weak Because the Economy Is Weak

We are all taught from the very beginning, from Economics 101 and even before you ever get to college that the central bank is central. Every time there is a question about the economy or markets, up pops the talking head of Mario Draghi, Jay Powell, or some such. A membership on the Federal Reserve's Board of Governors, however one might arrive at it, confers almost legendary status.

What if it wasn't true?

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