Biden's banking busts include this single biggest monetary policy mistake in half a century
The failure of three banks in the last two weeks is a saga of utter government incompetence.
www.foxnews.com
President Joe Biden created the perfect storm for what may become a string of banking busts. In 2021, he lied about inflation, saying it was temporary and "no serious economist" considered it a threat. Yellen and Federal Reserve Chairman Jerome Powell, whose first term was about to expire, went along with Biden and did nothing to bring down prices. It was the single biggest monetary policy mistake in half a century.