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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Richard Alford: The Fed's Mission Creep &#x2013; Taking Too Many Roles Means Doing None of Them Well | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="uq9Zyr4BMP"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/10/richard-alford-the-feds-mission-creep-%e2%80%93-taking-too-many-roles-means-doing-none-of-them-well.html"&gt;Richard Alford: The Fed&#x2019;s Mission Creep &#x2013; Taking Too Many Roles Means Doing None of Them Well&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/10/richard-alford-the-feds-mission-creep-%e2%80%93-taking-too-many-roles-means-doing-none-of-them-well.html/embed#?secret=uq9Zyr4BMP" width="600" height="338" title="&#x201C;Richard Alford: The Fed&#x2019;s Mission Creep &#x2013; Taking Too Many Roles Means Doing None of Them Well&#x201D; &#x2014; naked capitalism" data-secret="uq9Zyr4BMP" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>By Richard Alford, a former economist at the New York Fed. Since then, he has worked in the financial industry as a trading floor economist and strategist on both the sell side and the buy side. In the 1960s and 70s, an arm of the US government destroyed villages in Vietnam in order to save [&hellip;]</description></oembed>

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