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2min chapter
121: Why the Fed is Steering Us Straight Towards the Next Great Recession w/Danielle DiMartino Booth
On The Market
The Importance of Having a Central Bank in Times of Financial Instability
I love the title of your book Fed up. I've been a critic of the Fed for a long time, but never an insider like you and it's just so fascinating to hear what you have to say. What are your thoughts about having this central banking system? We forget that as JP Morgan himself said, I am fallible, I will die. In 2007, we're no longer an emerging market. And it's time for us to have a central bank that in times of serious financial instability can come in and stabilize the system.
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