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TIP533: How the Fed went Broke w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
Are You a Millionaire?
I hear a lot of people talking about how central bankers should be elected, like in any good democracy. And I think that we have this idea that democracy is good and if it's not a democracy, it's bad. But there are just some things that's probably not good if it's surely democratic like the Fed. If you had elected central bankers, especially on kind of the same term cycle as other political leaders, you generally have a lot of agreement between the central banker and the government.
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