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

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

By CoinDesk

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 brokenWhy we’ve been living through the largest experiment in monetary policy historyWhy interest rates are the lowest they’ve been in 5000 yearsWhy 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 savingsWhy 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

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