Agreed! I also don't want to care about the Fed! This is a great article Ken, and I pretty much agree with everything you wrote. In addition to the books you suggest, I would add FED UP: An Insider's Take on Why the Federal Reserve is Bad for America by Danielle DiMartino Booth which I recently reviewed in an article (https://thexproject.substack.com/p/fed-up-an-insiders-take-on-why-the-fdf).
Also, Peter Zeihan, a geopolitical strategist that I follow closely, posted this short video today which is an interesting take on Inflation: What's Causing It and Why?
Thank you for the kind words! DDB is a legend. You're quite right to mention her book which I neglected to do. I learned a lot from Zeihan's books also.
Are you familiar with Jeff Snider - Eurodollar University? His thesis is that the Fed cannot actually do anything except psychological manipulation. Highly recommend exploring if you haven’t gone down that rabbit hole yet
I've learned a lot from Jeff Snider and I agree with a lot of what he says. The eurodollar system is fascinating and I agree it is part of why Fed actions are hitting a wall.
Agreed! I also don't want to care about the Fed! This is a great article Ken, and I pretty much agree with everything you wrote. In addition to the books you suggest, I would add FED UP: An Insider's Take on Why the Federal Reserve is Bad for America by Danielle DiMartino Booth which I recently reviewed in an article (https://thexproject.substack.com/p/fed-up-an-insiders-take-on-why-the-fdf).
Also, Peter Zeihan, a geopolitical strategist that I follow closely, posted this short video today which is an interesting take on Inflation: What's Causing It and Why?
https://www.youtube.com/watch?v=pAjBy5cBwJ0
Thank you for the kind words! DDB is a legend. You're quite right to mention her book which I neglected to do. I learned a lot from Zeihan's books also.
"In monetary policy, there are a lot of mistakes but no accidents."
Ding, ding, ding. You have won the prize for describing government policy in general, not only monetary policy.
Thank you, JimmyinTEXAS!
Are you familiar with Jeff Snider - Eurodollar University? His thesis is that the Fed cannot actually do anything except psychological manipulation. Highly recommend exploring if you haven’t gone down that rabbit hole yet
Yes - I have been consuming Jeff Snider’s content for many years now. I listed the Eurodollar University YouTube channel as one of my top influencers in my second article: https://thexproject.substack.com/p/most-influential-books-read-in-2023
I've been watching him for about a year, and I think I'm starting to understand it. Jeff is the man!
I've learned a lot from Jeff Snider and I agree with a lot of what he says. The eurodollar system is fascinating and I agree it is part of why Fed actions are hitting a wall.