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27 Jan 2019

Make one substantive but succinct post

Part of making an effective argument is picking what you think is the strongest opposing or counter argument and refuting it (convincing your audience that it is wrong). Assume that you are arguing in favor of maintaining Federal Reserve Independence and consider the following counterargument:

The US Congress should reduce Federal Reserve Independence. It is unfair that the power to control the money supply is in the hands of secretive unelected officials who are more concerned about keeping inflation low to protect the interests of Wall Street than in reducing unemployment to help ordinary citizens. Moreover, the Federal Reserve's efforts to reduce the severity of business cycle swings makes them worse, which is inefficient.

Do not argue in favor of the statement.

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Nestor Rutherford
Nestor RutherfordLv2
28 Jan 2019

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