I’m ‘excited’ about it too, but I probably won’t be holding my breath, or sitting on the very edges of my chair.
Que sera, sera!
In an era where the world is trying desperately to get out of Treasuries and USD and to create an alternative to the US petrodollar, I can’t think of any way that forcing the Fed to artificially lower interest rates could possibly hurt anything.
/sarc
Kevin Warsh. New boss, same as the old boss.
Central Bank Digital Currency...105 days to go!
I don’t want a new Fed chair. Taht’s just rearranging the deck chairs on the Titanic. I want to abolish the Fed.