Serious questions?

[bucolic_frolic]

1. The Fed focused on growth rather than price stability or employment

The recession they fought with high interest rates, which allow an economy to clear unproductive assets, was 1982. Ever since they provide liquidity to every market downturn, every drop in GDP. The money grew our economies with products the public wanted, and they borrowed heavily to pay for it. All of which passed the money UP the income scale. Billionaires are the result. Money controls society. Business is more important than people. Economic equality is lost. All of this will continue unless there is a massive crash that parallels the Great Depression because you need tax policy changes to fix it. Raising taxes, even on the wealthy, won't often get anyone elected. The Democratic Party is operating beneath all these headwinds. We are a sideshow to alleviate what harsh realities we can, and we get no help from Republicans.