Why Kashkari's Plan to Amend Minnesota's Constitution Is Problematic

The transcript discusses the involvement of Neel Kashkari, President of the Minneapolis Fed, in a political campaign to amend the Minnesota Constitution. Concerns are raised about the impact of such involvement on the Federal Reserve's neutrality and independence. The discussion also touches on the Fed's role in research on inequality and education, and the broader implications of central bank involvement in political and fiscal policy issues.

What are the potential risks associated with the Federal Reserve's involvement in highly politicized issues?

What role does the speaker believe public perception plays in the Federal Reserve's actions?

How does the speaker differentiate between appropriate and inappropriate actions for the Federal Reserve?