The Spin Meister
Active member
Kevin Warsh, rumored to be next Fed Head, takes Andrew Sorkin to school…,
Great CNBC interview about the Fed
- Thread starter The Spin Meister
- Start date
The Spin Meister
Active member
Yes. He said ‘regime change’ and ‘Powell and his boys’ several times
I think the Fed likes to keep interest rates high as long as the economy is doing well. That way they have more room to cut rates at a later date if the economy turns south. My problem is that high interest rates don't just hurt the private sector. They cause interest expense on the federal debt to be higher than necessary.
This piece is both history and opinion. Most Jekyll Island 1913 articles are similar. Some pro, some con. FWIW.
