But let's say it does happen, what would be the consequences?
Inflation expectations would de-anchor immediately, even if actual inflation stayed the same. The government would certainly pursue expansionary policies and that would increase inflation.
The US Congress would never allow this to happen because there's even no way back. There would be always the spectre of this happening again and the damage would be everlasting.
This article was written by Giuseppe Dellamotta at www.forexlive.com.Hence then, the article about what would happen if the federal reserve lost its independence was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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