Macro Musings with David Beckworth cover image

David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy

Macro Musings with David Beckworth

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The Fed, Politics, and Financialization

This chapter explores the intricate dynamics between the Trump administration and the Federal Reserve, highlighting leadership changes and the potential nomination of Kevin Warsh. It also critiques common perceptions of financial markets, comparing traditional financial practices with the emerging interest in cryptocurrencies, and discusses the implications of these relationships for monetary policy.

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