I sure hope people understand the impact of attacking the Fed’s independence. This is a nonpartisan governing body that considers the long-term implications of monetary policy. An independent Fed is the firewall between a stable currency and short-term political incentives. We need more long-term thinking, not less.
“This war is illegal. It’s embarrassing that we went from being the world’s cop to the world’s bully in less than one year,” said Senator Ruben Gallego of Arizona. “There is no reason for us to be at war with Venezuela.”
Great discussion between Lenny Rachitsky and Jason Lemkin of SaaStr.