Opinion
Opinion

The Great Inflation of World War I

The Great Inflation of World War I
The Federal Reserve Board building, at 20th Street and Constitution Avenue, in Washington, D.C., circa 1935. Keystone View Company/FPG/Archive Photos/Getty Images
Jeffrey A. Tucker
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Commentary

Washington is buzzing with news of possible upheaval at the Federal Reserve. President Trump has floated the idea of firing Chairman Jerome Powell on grounds that he is keeping interest rates too high. Wall Street is deeply concerned that such an action would compromise the Fed’s independence and put stable monetary policy at risk.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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