BREAKDOWN: From Corrupt to Broken... An Insider’s Analysis of the Fed, Feat. Danielle Dimartino Booth

Danielle DiMartino Booth is the CEO and Chief Strategist of Quill Intelligence. Before that, however, after correctly predicting the mortgage meltdown, she was called upon to serve and spent 9 years as an advisor to the President of the Federal Reserve Bank of Dallas. That experience led her to write “Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America.”
In this episode, Danielle and NLW discuss:

How the Fed went from simply corrupt to corrupt and broken

Why we’ve been living through the largest experiment in monetary policy history

Why interest rates are the lowest they’ve been in 5000 years

Why COVID-19 was the pin, not the balloon 

Why current Fed action compromises the Fed’s independence 

Why the market structure incentivizes consumption and risk investment over savings

Why risk investments have ceased to be risky because of Fed backstopping 

Why a key concern going forward is a second wave of COVID-19 layoffs in industries beyond the obviously impacted

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