The Fight For Control Of Your Money (with Matt Stoller and Nathan Tankus)
Lever Time
00:00
Democracy, Power, and the Federal Reserve
This chapter examines the tension between democracy and the elite financial class's fear of popular influence, critiquing the idea of centralized authority. It focuses on the Federal Reserve's independence and the implications of its diminishing autonomy in a politically charged environment, especially during the Trump administration. The discussion raises concerns about the increasing concentration of power in the executive branch and the need for enhanced oversight and accountability in economic policymaking.
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