„Jeśli bank centralny zostałby zmuszony do skupienia się na realnej gospodarce,...

…In fact, just a month before the presidential election, Kevin Worsh was asked what he would do if he became the chair of the Federal Reserve. And he said the policies that are good for asset holders are bad for those living paycheck to paycheck and that we're basically enriching stockholders at the expense of everyday Americans. From there, when he was asked if the stock market would have to fall, he responded with, "If the central bank were forced to focus on the real economy, the financial markets will take care of itself." Implying that yes, the markets will fall, but long term it'll be for the greater good of society since the rich won't just keep getting richer. Now, even though this seems like a complete 180 from everything Trump has promised over the last year, the reality is the Kevin Worsh today is a lot different from the Kevin Worsh we saw a few years ago. For instance, Worsh is now pushing for lower rates to spark growth. He recently said that we could lower interest rates a lot and in doing so get…