Federal Reserve: A Parallel to Trump’s Reckless Actions in the Economic Arena

The Federal Reserve is facing increasing scrutiny for its role in recent economic turmoil. Critics argue that it operates with reckless abandon, disregarding the consequences of its actions and mirroring the style of former President Donald Trump’s political approach. Expert Kevin Warsh, a former member of the Fed, highlights this alarming resemblance in his recent speech to the Group of Thirty and the International Monetary Fund. 2010 marked a significant turning point for the Fed: following the recovery from the 2008 financial crisis, the central bank saw a surge in spending thanks to its QE program.