Core Viewpoint - The Federal Reserve's missteps in monetary policy have led to significant consequences, including the undermining of the dollar's dominance and a surge in inflation, which has resulted in substantial financial losses for the institution itself [1]. Group 1: Federal Reserve's Decision-Making Errors - The Federal Reserve is a highly influential entity in global finance, and its decisions can significantly impact investors and economies worldwide [3]. - Recent contrasting market reactions to Federal Reserve Chairman Jerome Powell's speech and the July monetary policy meeting minutes highlight the confusion surrounding policy adjustments and their implications for the economy [4][6]. - The pandemic has disrupted traditional economic cycles, leading to complex challenges that the Federal Reserve has struggled to address effectively [6][7]. Group 2: Inflation Management Challenges - The Federal Reserve's idealistic approach to monetary policy, such as the average inflation target set in 2020, has not aligned with the realities of economic conditions, leading to persistent inflation above the 2% target for over four years [9][11]. - The inherent "stickiness" of inflation complicates efforts to bring it back to desired levels, as evidenced by the lag in policy effects and the gradual nature of necessary adjustments [10][13]. - The Federal Reserve's reliance on past experiences and theoretical models has resulted in significant miscalculations in addressing inflation and employment issues [14][15]. Group 3: Policy Response and Consequences - The Federal Reserve's delayed response to rising inflation, coupled with aggressive monetary easing during the pandemic, has exacerbated the inflationary environment [15][17]. - The shift to rapid interest rate hikes in 2022, without considering the economic impact, has created a challenging situation for the Federal Reserve, limiting its ability to respond to future crises effectively [17].
美联储三步走,亲手斩断美元霸权命脉,美国经济加速坠落深渊!
Sou Hu Cai Jing·2025-09-01 14:02