Just read a quickly recapped bio about Kevin Warsh. He seems to represent a faction of the US establishment that believes the post-2008 central banking model damaged long-term economic health, social trust, and price stability.
He's obviously not the "abolish the Fed" kind but seems eager to bring change on how the Fed operates and who knows, restore some credibility or trust?
I guess time will tell.
Login to reply
Replies (5)
Greenspan was an Ayn Rand admirer and goldbug before he became Fed chair. You cannot serve two masters
Good point Mr. Anderson
๐ค
Of course. But intrigued to see this unfold.