Krugman: when Trump comes for the Fed

By PeraclesPlease on Tue, 10/10/2017 - 11:04pm |

URL:

https://mobile.nytimes.com/2017/10/06/opinion/trump-federal-reserve.html

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Forget Congress, to me this on possible candidate Warsh

What all this means is that if congressional Republicans play a large role in selecting the next Fed chair, they’ll insist that it be someone who has been wrong about everything for the past decade.

Kevin Warsh, a former Fed governor widely considered a favorite for the job, certainly fits the bill. He warned about inflation in the midst of global economic collapse; he argued vigorously against doing anything, monetary or other, to fight 10 percent unemployment; he warned that the United States was about to turn into Greece, Greece I tell you. And he has shown no hint of being chastened by the failure of events to play out the way he expected.

sounds EXACTLY up Trump's alley, a compatriot in iconoclasm for (narcissistic) iconoclasm's sake.

by artappraiser on Wed, 10/11/2017 - 1:32am

Trump to Meet With Economist John Taylor This Week

By Jennifer Jacobs and Craig Torres @ Bloomberg.com

October 11, 2017, 5:41 PM EDT

Stanford economist is known for theories on rule-based policy
Taylor wants Fed to tell public more about policy strategy

by artappraiser on Wed, 10/11/2017 - 8:12pm

Krugman: when Trump comes for the Fed

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