Is The Fed Getting 'Abolished'? Economist Explains 'End The Fed' Movement | Carola Binder

Carola Binder, Associate Professor of Economics at Haverford College, discusses her inflation outlook, prediction for number of Fed rate cuts this year, and the origins "End The Fed" movement, which was detailed in her book "Shock Values: Prices and Inflation in American Democracy." *This video was recorded on July 5, 2024 Subscribe to TDLR newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW CAROLA BINDER: Twitter (@cconces): https://x.com/cconces Shock Values: https://press.uchicago.edu/ucp/books/... Carola's research: https://www.brookings.edu/people/caro... FOLLOW DAVID LIN: Twitter (@davidlin_TV): https://twitter.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:15 - Inflation outlook 7:00 - Inflation measurements 8:40 - 2% inflation target 11:45 - Price controls 13:55 - How many rate cuts this year? 14:30 - Central bank independence 18:36 - Monetary vs. fiscal policies 21:45 - 'End The Fed' movement 23:45 - Gold standard 26:20 - Fed's dual mandate #economy #federalreserve #inflation