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The Effect of Prepayment Penalties on the Pricing Federal Reserve  Form

The Effect of Prepayment Penalties on the Pricing Federal Reserve Form

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hi my name is Mark beut I'm a monetary Economist right now the fidal reserve is doing something super cringey I just it's total cringe what is it doing it's doing what it always does it tries to stabilize the aggregate price level CPI aggregate price level stable they believe expectations and business planning and consumer expectations fall into line and we have money macro equilibrium and a greater tomorrow I do believe in a greater Tomorrow based on Innovation and Technology however the Federal Reserve stabilizing the price level is coming from incorrect monetary Theory let me explain there used to be a classical gold standard this was in the 1800s all was well then central banks were created and they you can AR various reasons why central banks were created and I like to hear your input because I have my own theories but once we severed the link between physical assets like silver and gold and money and we became on a Fiat currency system the central bank would have to develop an ec

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