The Fed's Track Record: $389,863 Spent For Every Job Created… AT BEST

The Fed's Track Record: $389,863 Spent For Every Job Created… AT BEST
The Fed likes to claim that its policies are aimed at helping Main Street. Ben Bernanke began this argument when he was still Fed Chairman. Janet Yellen has since taken it a step further claiming that she comes from an “intellectual tradition” that it is important to use “public policy” to “make the world a better place.”