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GM73: Debt, Deficits, and the Road Ahead ft. Jason Furman

Top Traders Unplugged

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The Risks of Political Influence on Monetary Policy

This chapter examines the risks associated with increased political involvement in monetary policy, focusing on the Federal Reserve's independence. It highlights historical examples, such as Nixon's influence in the 1970s, to illustrate the potential consequences of politically motivated interventions in central bank operations.

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