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There's not a single thing the Fed chairman could invest in that wouldn't be a conflict of interest -- whether the world's largest asset manager (blackrock), br
by beambot 3y ago
There's not a single thing the Fed chairman could invest in that wouldn't be a conflict of interest -- whether the world's largest asset manager (blackrock), broadbased ETFs, or even USD since his monetary policy effects the dollar's purchasing power.
- gottorf 3y ago> since his monetary policy effects the dollar's purchasing power Kind of wild that one man* has the ability to change the dollar's purchasing power, which affects literally billions of people, isn't it? *: Actually twelve members of the Federal Open Market Committee.