BREAKDOWN: From Corrupt to Broken... An Insider’s Analysis of the Fed, Feat. Danielle Dimartino Booth

An advisor to the Fed through the Great Financial Crisis to 2015 examines the latest in the largest monetary policy experiment in human history.

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ABOUT

Danielle DiMartino Booth is the CEO and Chief Strategist of Quill Intelligence. Before that, however, after correctly predicting the mortgage meltdown, she was called upon to serve and spent 9 years as an advisor to the President of the Federal Reserve Bank of Dallas. That experience led her to write “Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America.”

In this episode, Danielle and NLW discuss:

How the Fed went from simply corrupt to corrupt and broken
Why we’ve been living through the largest experiment in monetary policy history
Why interest rates are the lowest they’ve been in 5000 years
Why COVID-19 was the pin, not the balloon
Why current Fed action compromises the Fed’s independence
Why the market structure incentivizes consumption and risk investment over savings
Why risk investments have ceased to be risky because of Fed backstopping
Why a key concern going forward is a second wave of COVID-19 layoffs in industries beyond the obviously impacted

HOST

CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.