as for the fed mandate,
"The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates,"
they're faking both the employment and inflation numbers
from shadowstats,
the "official" inflation rate is less than 2%, but with the 1980 methodology, it's what, 8%
Courtesy of ShadowStats.com
the "official" unemployment rate is what, 4.5%, but the actual rate is close to 23%
Courtesy of ShadowStats.com