Krugman Says Warsh Is Wrong a Lot But Could Get Fed Chair

The video discusses the debate over the reappointment of Janet Yellen as Fed Chair, highlighting her successful tenure. It contrasts her with Kevin Wash, whose economic predictions have been consistently inaccurate, yet he remains a politically viable candidate due to his connections with Trump. The discussion raises concerns about the potential politicization of Fed appointments and the implications of having a Fed Chair who may be influenced by political pressures.

What are the indicators that suggest Janet Yellen has done a good job as Fed chair?

Discuss the concerns raised about Kevin Wash as a potential Fed chair.

What implications does the political connection of a Fed chair nominee have on their role?

What are the potential consequences of appointing someone who is perceived to be at Trump's beck and call?

How does the speaker differentiate between a good pick and a politically motivated pick for the Fed chair?