The Great Lie of the Fed’s “Mandate” Congress handed the Fed a holy trinity of economic mandates: maximum employment, stable prices, and low interest rates. Cute, right? The problem is, the very structure of central banking makes achieving all three not just unlikely—it makes it impossible. Ludwig von Mises called it a century ago: you can't print your way to prosperity. The Fed’s weapon of choice? Monetary inflation. Pump the system full of fake dollars, create a sugar rush of “growth,” and when the hangover hits—raise rates and blame the free market. Rinse. Repeat. Every damn time. Meanwhile, the Fed remains “independent”—which means unaccountable. These economic arsonists worshipped in D.C. and worshipped even harder on Wall Street are just central…
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