Trump to Nominate Stephen Moore to Federal Reserve Board

The video discusses Stephen Moore's economic perspectives, highlighting his support for supply-side policies and tax cuts. It explores his potential influence on the Federal Reserve if confirmed, noting his likely advocacy for easy money policies. The discussion touches on modern monetary theory, fiscal sustainability, and the Fed's technocratic nature, emphasizing the institution's unity under Chairman Jay Powell despite political pressures.

What economic approach is Stephen Moore known to support?

• Monetary tightening

• Supply-side policies

• Keynesian economics

• Demand-side policies

What is a key concern when running deficits according to the discussion on fiscal policy?

• The productivity of investments

• The political climate

• The interest rates

• The size of the deficit

What is the Fed's stance towards political criticism as discussed in the video?

• It disregards economic data

• It often changes its policies based on political pressure

• It remains neutral and technocratic

• It is highly influenced by political opinions

Who are the key figures driving the decision-making at the Fed?

• Stephen Moore and the President

• The Senate and Congress

• Chairman Jay Powell and the leadership group

• The Treasury Department

What is the likelihood of Stephen Moore having a significant impact on the FOMC's decisions?

• Low

• Moderate

• Guaranteed

• Very high