Boom Bust Season 2 Episode 113 Eichengreen and Galbraith On the Fed and the US Economy

In this episode of Boom Bust, guests Barry Eichengreen and James Galbraith join host Brent Jabbour to discuss the Federal Reserve and the US economy. Eichengreen, a professor of economics at UC Berkeley, begins the discussion by providing insight into the current state of the Fed and its recent decision to raise interest rates. Galbraith, a professor of government and business relations at the University of Texas at Austin, offers his opinion on the effectiveness of the Fed's policies and the potential impacts they may have on the country's economic landscape.

The conversation touches on a variety of topics, including the recent tax bill passed by Congress and its potential effects on the economy, as well as the ongoing trade disputes and their ramifications for consumers and businesses alike. Jabbour directs the discussion towards the monetary policy of the Fed, and the guests offer their perspectives on the role of the central bank in stimulating or slowing down economic growth.

Eichengreen and Galbraith provide differing opinions on what course of action the Fed should take in the future, with Eichengreen advocating for a more cautious approach and Galbraith favoring a more aggressive policy. The guests also delve into the potential risks posed by inflation and the possibility of a recession in the near future.

Overall, this episode offers a thought-provoking discussion on some of the most pressing economic issues of our time. Whether you're an economist, a business owner, or simply someone who is interested in understanding how the economy works, this episode is sure to provide valuable insights and perspectives.