2min 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 New Toolbox Should Something Go Wrong in the Markets

We don't need a central bank to lay the groundwork for crises in the first place. The Fed at this juncture has not had enough time to go back to the drawing board and come up with a whole new shock and awe campaign, he says. And they're hard pressed right now to come up with new tools in the toolbox should something go wrong in the markets.

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