Project Syndicate: Inflation isn’t the biggest failure of the Fed No Comments Uncategorized The Fed should be held to account for how badly it is doing on the basic task of protecting the financial system. The Fed should be held to account for how badly it is doing on the basic task of protecting the financial system. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)