An Open Letter to Treasury Secretary Bessent
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An Open Letter to Treasury Secretary Bessent
Dear Secretary Bessent,
I read with great interest your July 21 comment at the Federal Reserve Capital Conference that: “What we need to do is examine the entire Federal Reserve institution and whether they have been successful. . . . All of these Ph.D.s over there, I don’t know what they do. . . . This is like Universal Basic Income for academic economists.”
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