The Federal Reserve is a bank; in fact it's the central bank of the United States. Removing banking professionals from its governing board sounds a bit foolhardy.
Whom would he replace them with--political cronies? social justice activists? people with degrees in finance but no banking experience?
Sanders is great at these populist sound bites, but I don't see a lot of substance behind what he is saying. Like sort of a left wing Trump.
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[ 5.6 ms ] story [ 22.5 ms ] threadWhom would he replace them with--political cronies? social justice activists? people with degrees in finance but no banking experience?
Sanders is great at these populist sound bites, but I don't see a lot of substance behind what he is saying. Like sort of a left wing Trump.
You could put a trained chimp in the fed and get better results just from which paperwork the thrown faeces landed on.
It's hardly surprising he wants to replace the people involved.