Speaking of inflation, it is safe to say that the Ph.D. economists at the Fed have hardly performed admirably in recent years.
Some very disturbing findings from a new study on the political affiliation of the top economists who work deep inside the temple of the Federal Reserve. While most of the economists at the Federal Reserve in Washington or in the regional banks across the country don’t list a party affiliation. But of those who do, 90% are Democrats. This comes from a study in the Independent Review:
The survey of the top Fed economists finds: