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The fall of an independent Fed

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Manage episode 504213927 series 3336497
Content provided by Niskanen Center - The Science of Politics and Niskanen Center. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Niskanen Center - The Science of Politics and Niskanen Center or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
President Trump has pressured and attacked the Federal Reserve and is now trying to replace governors. What are the consequences if the Fed is losing independence and moving toward presidential control? Cristina Bodea finds that the Fed was never the most independent and is becoming less so in the face of public pressure. That could make a normally conservative institution move toward enabling inflation and government spending. We also talk about international comparisons, populist pressure on central banks globally, leader gender, and the role of tariffs and democratic backsliding.
  continue reading

207 episodes

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iconShare
 
Manage episode 504213927 series 3336497
Content provided by Niskanen Center - The Science of Politics and Niskanen Center. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Niskanen Center - The Science of Politics and Niskanen Center or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
President Trump has pressured and attacked the Federal Reserve and is now trying to replace governors. What are the consequences if the Fed is losing independence and moving toward presidential control? Cristina Bodea finds that the Fed was never the most independent and is becoming less so in the face of public pressure. That could make a normally conservative institution move toward enabling inflation and government spending. We also talk about international comparisons, populist pressure on central banks globally, leader gender, and the role of tariffs and democratic backsliding.
  continue reading

207 episodes

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