Dual mandate may be on life support

Momentum is building on Capitol Hill to end the Fed’s dual mandate to control inflation and maintain maximum employment.

Democrats on the Hill will hate the idea but the Ron Paul wing of the Republican party will see it as a good first step toward dismantling the evil cabal that seeks to destabilize democracy and the American way.

I think it would be a great move and would put the Fed on equal footing with its international peers. A less activist Fed would presumably be a dollar positive.