Krugman Not Worried About Democratic Candidates, Says Fed Functioning Well

The transcript discusses the economic policies of political candidates like Bernie Sanders, Elizabeth Warren, and Joe Biden, focusing on their potential impact on the economy. It highlights urgent economic needs such as enhancing Obamacare and improving childcare policies. The conversation shifts to monetary policy, including Modern Monetary Theory (MMT), and the role of the Federal Reserve in setting interest rates. The discussion also touches on the politicization of the Fed and the importance of maintaining its independence.

How does the speaker evaluate Powell's performance as Fed chair?

What concerns does the speaker express regarding the future appointments to the Fed board?

What is the speaker's view on the relationship between the Fed's independence and political influences?