Post #16141

Kevin Warsh speaking notes: - Trump puppet? Maybe not! - Emphasis on fed independence / loyalty first to fed - Wants to reduce feds balalance sheet (a proxy tax on the wealthy class, due to possible deflating of asset prices & inflation) - Predictive analysis > Data dependent. He argues instead of waiting for problems to arise, the fed should be looking forward with all of its data, and nimble to new technologies. My personal opinion: I think he's a great pick for the job.