4min 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 Culture of Hubris and Myopia

Douglas Rushkoff: The Fed is pursuing policies to create a wealth effect, but we take no responsibility for wealth inequality. He says it's "ridiculous" and that the culture within the Fed perpetuates these issues.rushkoff: Research at the Fed is not necessarily done as an endeavor to improve monetary policymaking.

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