Nobel laureate Krugman urges against politicizing the Federal Reserve for economic stability.

Nobel laureate Krugman argues that presidents should not interfere with the Federal Reserve's independence. He cites historical instances where politicizing the Fed led to instability and poor economic outcomes. Krugman emphasizes the importance of non-partisan, expert-driven policy decisions to maintain economic stability and trust in the financial system.

August 17, 2024
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