I think it's a mistake. I think that the market has a magical ability to make things better and cheaper over time if left to its own devices. And that includes, by the way, not interfering in the independence of the Fed. Yes. Listen, I'm an Austrian school of economics guy. I think that there's a good case to be made that the Fed really should not have control over inflation rates in the first place. (1:20:33–1:20:37)
CLAIM
Asserts that [government intervention] should not interfere with the independence of the Federal Reserve.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
.jpg)