STAFF NEWS & ANALYSIS

The Fed Should Be Kept Independent?

By Daily Bell Staff – February 20, 2017

President Trump, Keep The Federal Reserve Independent – It’s Too Expensive Not To … There is talk about that Donald Trump and his administration will try to bring the Federal Reserve to heel with some appointments to the board of that body. … But there’s a definite limit to how far this should go for, as not enough people know, the point of the Fed is to curb the enthusiasms of the politicians. And not leaving it operationally independent would be very expensive indeed, so much so as to be entirely counter productive. – Forbes

According to this article, it is better to leave the Federal Reserve alone because to do anything else within the context of a viable Fed would cost too much.

The article does admit that