Whither the Fed, boondoggles and the 2-year old with a hammer | John Cochrane
b'In episode 103, Alex Proimos speaks with John Cochrane, Rose-Marie and Jack Anderson, a senior fellow at the Hoover Institution, Stanford University and author of the Grumpy Economist blog. \\n\\nThis episode discusses the bureaucratic overreach of the Federal Reserve and its lack of mandate to pursue economic equality and social justice. We discuss the concerns around global debt, MMT, inflation and the role of narrative management in economic and financial markets. The conversation also takes a critical look at central banks and their approach to addressing climate risk without considering the confounding factors.'