Why has Donald Trump consistently attacked the Federal Reserve and its chair Jerome Powell? And was the US central bank ever truly "independent"? Geopolitical economist Radhika Desai discusses with economist Michael Hudson.
VIDEO: https://www.youtube.com/watch?v=6Fcwg6eFGu4
This is part of the program Geopolitical Economy Hour. You can watch other episodes ... Show More
Yesterday
AI bubble madness: Why Nvidia's market cap fell $600,000,000,000 in ONE DAY
The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just ... Show More
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Sep 5
Here’s Why Trump’s Fed Pressure Campaign May Deliver
Donald Trump has never hidden his frustration with the Federal Reserve — and now, back in the White House, his attacks have only intensified. From insults directed at Chair Jerome Powell to threats against Fed Governor Lisa Cook, the president is waging an extraordinary campaign ... Show More
7m 46s
Apr 2025
Fed man walking? Trump v Powell
<p>First, Jerome Powell, chairman of the Federal Reserve, was for the chop; then he was safe. As elsewhere President Donald Trump’s <a href="https://www.economist.com/leaders/2025/04/23/president-trumps-attacks-on-the-fed-are-not-over?utm_campaign=a.io&utm_medium=audio.podcast.np ... Show More
23m 18s
Aug 17
The feud between Trump and the Fed
Does a row between one of the world's most powerful politicians, and one of the world's most powerful bankers, have real consequences for the global economy?We look at the showdown between US President Donald Trump and the head of the US central bank, Jerome Powell, who was appoi ... Show More
17m 28s
Apr 2025
Fed man walking? Trump v Powell
First, Jerome Powell, chairman of the Federal Reserve, was for the chop; then he was safe. As elsewhere President Donald Trump’s flip-flopping chips away at American credibility. After years of working from home, data make clear which demographic likes to do more of it (10:40). A ... Show More
23m 18s