
Jeanna Smialek on *Limitless: The Federal Reserve Takes on a New Age of Crisis*
Macro Musings with David Beckworth
00:00
The Importance of Being Apolitical in Monetary Policy
Sally Kohn: How do you find people who, you know, are truly apolitical? Because it strikes me as you're going to have some political connection to get to that high of a role in power. She says there has been a long tradition of appointing people who think monetary policy should be set not with the goal of like re-electing the sitting party or serving the partisan secret at all.Kohn: There is a real thing of thought in society that says maybe that's not so important. Maybe it's okay if we set policy with a more political and maybe this sort of separation from the White House isn't so essential.
Transcript
Play full episode