The Price of Money and the Interest-Rate Exception
What other prices would the editorial board like to see manipulated? By Readers July 28, 2023 5:11 pm ET Your editorial “‘We Need to Get This Done’” (July 27) agrees with Federal Reserve Chairman Jerome Powell that we have to continue to raise rates to tame inflation. If manipulating the price of money (interest rates) is a good idea, are there any other prices the editorial board would like to see manipulated—wages, oil, Taylor Swift tickets? Jeff Yass Susquehanna International Group Bala Cynwyd, Pa.
What other prices would the editorial board like to see manipulated?
Your editorial “‘We Need to Get This Done’” (July 27) agrees with Federal Reserve Chairman Jerome Powell that we have to continue to raise rates to tame inflation. If manipulating the price of money (interest rates) is a good idea, are there any other prices the editorial board would like to see manipulated—wages, oil, Taylor Swift tickets?
Jeff Yass
Susquehanna International Group
Bala Cynwyd, Pa.
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