Episode Details
Back to EpisodesCan Kevin Warsh fix the problems at the Federal Reserve and the U.S. economy?
Description
Kevin Warsh was just named by President Trump to be the next Chairman of the Federal Reserve. Mr. Warsh has a monumental task before him in not only fixing the mistakes of the Federal Reserve but trying to fix the problems that have metastasized in the U.S. economy. Can Mr. Warsh fix the misallocation of capital that was caused by the Fed’s zero interest rate policy? The persistent inflation? The ‘goosing’ of the riskiest and least-productive assets? And perhaps most importantly, the addiction to debt in the U.S.? This episode reviewed an article from The Epoch Times (subscription required) titled “Will the New Fed Chair Fix the Money?” by Jeffrey Tucker.