Source: Paul Krugman
by Paul Krugman
“Donald Trump has chosen Kevin Warsh, a harsh critic of the Federal Reserve who has called for ‘breaking some heads,’ as the next Fed chair. Last week I wrote about what the Fed is and what it does. Today I’ll talk about the Fed’s policy record, with emphasis on the criticisms offered by Warsh and others.” (02/08/26)
https://paulkrugman.substack.com/p/federal-reserve-101-part-ii-the-global