3min chapter

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#38: Danielle DiMartino Booth On The Future Of The Federal Reserve

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fed's Future

There's going to be a consensus at some point that the Fed's policies are not sustainable, says Daniel Treisman. Most of the people advocating for reforming the Fed have left politics, he says. "You have to have enough political will to push for deep changes,"Treason says. The Federal Reserve Act doesn't say you must have mostly PhDs and economics running monetary policy, writes Treisman.

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