Ep. 29 - Real Conversations: Danielle DiMartino Booth - Our Central Bank Is Failing, Here’s How to Fix It

It’s simple really. Inside the hallowed halls of the Federal Reserve, unelected, largely unaccountable bureaucrats decide whether the economy is running too hot or too cold, then tinker with monetary policy accordingly. It’s a tremendous amount of power. A generous reading of history suggests the Fed has a dubious track record of forecasting where the U.S. economy is headed. In fact, many are searching for a better way – an alternative to a broken system. None is in more earnest pursuit than ...