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Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter

Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic steward It must feel strange to argue that government action is inevitably counter-productive – illegitimate even – when the government is you. For the last half century, the Republican party has been comfortable with the contradiction. It’s framed in that clever quote from Ronald Reagan’s 1981…

Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter

We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.

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