TIP411: How the Federal Reserve Broke the American Economy w/ Christopher Leonard
We Study Billionaires - The Investor’s Podcast Network
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Critical Viewpoints on Fed Policies
This chapter explores dissenting opinions on the Federal Reserve's monetary policies, particularly the opposition to quantitative easing following the financial crisis. It highlights the culture of consensus within the Fed that inhibits debate, the consequences of ignoring asset price inflation, and the resulting economic disparities. Additionally, it examines how external political pressures, especially under Jerome Powell's leadership, influenced the Fed's strategies and the complexities of aligning monetary policy with the market's reactions.
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