Reported 20 days ago
Economist Judy Shelton, a former Trump adviser, discusses her proposed reforms for the Federal Reserve, advocating for a return to monetary policies reminiscent of former Chair Paul Volcker's era. She expresses concerns over excessive liquidity and suggests that the central bank should reevaluate its approach to interest rate cuts while preventing inflation. Shelton also suggests that Elon Musk could effectively identify inefficiencies in the Fed's spending practices.
Source: YAHOO