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Henry MaherThe Conversation |
Though Trump clearly remains sceptical of central bank independence, his appointment of Warsh suggests he recognises the importance Fed credibility.
The stagflation crisis of the 1970s stands as a clear warning of what might happen if the Fed’s independence is compromised.
The US president has used and discarded many people in his career. The tech billionaire appears to be the latest.
The world’s richest man is now also one of the most politically powerful. Musk’s journey to mega MAGA funder sheds some light on what his...