E221 - Reserve Judgment: How To Run a Central Bank

The Powell era is over — a pandemic, two wars, and the worst inflation in four decades. We ask whether JPow did a good job, or just survived it. Now Kevin Warsh inherits the chair. But what actually changes?

Beneath the handover lie bigger questions: what a central bank is really for, who it answers to, and whether any of it works the way they claim.

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