The Federal Reserve and its Monetary Malpractice is at the core of the American Dream becoming a myth for the vast majority of Americans. Jobs, disposable income and financial security are all under pressure, as the Federal Reserve continues its historic monetary gamble on unproven policies of Quantitative Easing and ZIRP. The Federal Reserve is clearly failing to achieve its dual mandate, as these same policies likewise failed Japan.
John Rubino and Gordon T Long discuss how these policies have led to Moral Hazard, which has lead to Unintended Consequences and in turn to Dysfunctional Markets. A broad range of examples for each is laid out for the listener to see how they are intertwined and how they all stem from Monetary Malpractice.