Ep. 317: George Selgin on Trump Tariffs, Fed Independence and Dollar Vulnerability
Macro Hive Conversations With Bilal Hafeez
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Federal Reserve Tensions and Fiscal Concerns
This chapter explores the conflicts between the Federal Reserve and the Trump administration, focusing on the risks of politicizing the Fed's decisions. It addresses an impending budget deficit bill and its potential consequences for economic stability while discussing the importance of maintaining central bank independence. The dialogue also highlights broader socio-political trends in the U.S. that threaten civil liberties, linking these cultural changes to the nation's global economic reputation.
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