Mallaby: Business Decisions by Tweet a Terrible Formula

The transcript discusses the political and economic implications of current events, focusing on the political dynamics in Washington and their potential impact on inflation and growth. It explores Trump's relationship with CEOs and the risks of harmful industrial policy. The conversation also delves into the historical context of Fed independence, drawing parallels with past events and considering current pressures on the Fed.

What historical example is referenced to discuss the independence of the Federal Reserve?

In what ways could the independence of the Federal Reserve be at risk according to the discussion?