Wilbur Ross: Fed Policy Is Misguided and 'Plain Wrong'

The transcript discusses the Federal Reserve's interest rate policy, suggesting it may be influenced by political motives, and critiques its impact on asset prices and inequality. It also covers fiscal policy and tax issues in the context of the election, focusing on Donald Trump's stance on carried interest and tax cuts for LLCs and partnerships. The discussion extends to the death tax, arguing it unfairly penalizes family-owned businesses and wealth transfer, reflecting a populist anti-wealth sentiment attributed to Hillary Clinton.

What are the implications of the death tax according to the speaker?

In what way does the speaker believe the death tax affects family-owned businesses?