Time to End the Fed and Its Mismanagement of Our Economy
The seal of the Federal Reserve Board as it appears outside the Fed's William McChesney Martin Jr. Building in Washington on March 13, 2023. Alex Wong/Getty Images
Every major economic downturn of the past 110 years bears the mark of the Federal Reserve. In fact, as long as the Fed has been around, it has swung the economy between inflation and recession. Yet Americans, surprisingly, have tolerated it.
E.J. Antoni is a research fellow in the Center for Data Analysis at The Heritage Foundation.