
Jeffrey Lacker on Governance at the Federal Reserve
Macro Musings with David Beckworth
Differentiating Credit Operations and Monetary Policy
The chapter discusses the separation of the Federal Reserve's credit operations from monetary policy and suggests that credit policy should be handled by the Treasury. It also examines the Fed's involvement in political deliberations and the potential compromise of its independence.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.