Introducing analysis of why Kevin Warsh got the Fed chair nomination, referencing his Wall Street Journal op-ed.
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Citing Warsh's WSJ op-ed 'The Federal Reserve's Broken Leadership' which argues Americans would have higher pay and purchasing power if the Fed improved.
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Summarizing Warsh's view that AI (American Ingenuity) is key and very disinflationary.
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First policy point: Discard stagflation forecast; subpar growth with inflation 40% above target is unacceptable.
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Goal is more take-home pay and buying power via lower taxes and regulation from Trump administration.
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Second policy point: Inflation is a choice caused by government overspending and money printing, not by economic growth or wages.
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Third policy point: Take responsibility for regulatory failures and change Fed policy rules going forward.
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Oppose Basel III Endgame regulations from foreign banks being implemented in the US.
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Conclusion: Warsh's platform of less taxes, more take-home pay, more buying power, and less regulation is why he got the Fed nod.