Greenspan 2005: Govt spending "unsustainable."
Bernanke 2010: Govt spending "unsustainable."
Powell 2023: Govt spending "unsustainable." Will not be financed by the Fed.
It will continue to be financed by the Fed.
Bernanke 2010: Govt spending "unsustainable."
Powell 2023: Govt spending "unsustainable." Will not be financed by the Fed.
It will continue to be financed by the Fed.