From Corrupt To Broken: An Insider’s Analysis Of The Fed, feat. Danielle DiMartino Booth

<p><span style="font-weight: 400;">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.”</span></p> <p><span style="font-weight: 400;">In this episode, Danielle and NLW discuss:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">How the Fed went from simply corrupt to corrupt and broken</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why we’ve been living through the largest experiment in monetary policy history</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why interest rates are the lowest they’ve been in 5000 years</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why COVID-19 was the pin, not the balloon </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why current Fed action compromises the Fed’s independence </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why the market structure incentivizes consumption and risk investment over savings</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why risk investments have ceased to be risky because of Fed backstopping </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why a key concern going forward is a second wave of COVID-19 layoffs in industries beyond the obviously impacted</span></li> </ul>