something we should not have done but at least you could excuse that by saying there are no vaccines available so we have to try and keep people away from from crowded areas and whatnot by the time the vaccines were available they were available in january once that started to become widely available february march there was no excuse for what joe biden did they were going to get to the federal reserve and what they are probably going to do in just one second first let's talk about the fact that if you're a responsible person you need life insurance let's say that you're responsible for a gang of of children let's call them lost boys and the former leader of your gang has absconded it's just left for years and years and years and you took over and you're the responsible well finally the leader the original leader he comes back and he's going to lead you in a battle against the big baddie and but but you are tempted to fight the big baddie yourself well as he chants at you rufio and as you approach him you might be thinking yourself man well at the very least i should have thought about the lost boys and bought some life insurance first head on over to URL_TOKEN shapiro answer a few questions about yourself in minutes you can work out how much life insurance coverage you need compare personalized quotes to find your best price you could say NUMBER_TOKEN or more on life insurance by comparing quotes with policy genius their licensed experts will help you understand your options and apply for a policy the policy genius team works for you not the insurance companies you can trust them to offer unbiased help and advocate for you every step until you are covered policy genius does not add on extra fees or sell your information to third parties head on over to URL_TOKEN shapiro to get your free life insurance quote see how much you could save that's URL_TOKEN shapiro again URL_TOKEN so i think what's going to happen here is not that the biden administration is going to back off of their garbage policy i think instead they're just going to hope that the fed takes the hit but here's the thing the fed is still widely perceived as joe biden's fed as it should be okay the notion that the federal reserve is completely independent from the executive branch is crazy it has not been forever the federal reserve is not some independent group of people with the best interest of the american public at heart the federal reserve generally does what an administration wants it to do this is why for example donald trump used to try to leverage the federal reserve into lowering the interest rates right he used to talk about maybe we should go to zero interest rates maybe we should they should go negative interest rates and the federal reserve predictably enough actually did go down on the interest rates while trump was president loose federal reserve monetary policy is a bad thing the federal reserve has not stuck to the sort of milton friedman notion that we should inflate the currency by a couple percent a year they've aimed for that but they've generally failed because they're just not that good at this it turns out economists are not that great at being able to read the full hand of the market this is why i'm not a believer in the federal reserve system other than essentially guaranteeing bank deposits but put that aside it's pretty clear at this point what the bind administration wants to do and that is make the fed do the hard work kevin warsh
START_SPONSOR_TOKEN first let's talk about the fact that if you're a responsible person you need life insurance let's say that you're responsible for a gang of of children let's call them lost boys and the former leader of your gang has absconded it's just left for years and years and years and you took over and you're the responsible well finally the leader the original leader he comes back and he's going to lead you in a battle against the big baddie and but but you are tempted to fight the big baddie yourself well as he chants at you rufio and as you approach him you might be thinking yourself man well at the very least i should have thought about the lost boys and bought some life insurance first head on over to URL_TOKEN shapiro answer a few questions about yourself in minutes you can work out how much life insurance coverage you need compare personalized quotes to find your best price you could say NUMBER_TOKEN or more on life insurance by comparing quotes with policy genius their licensed experts will help you understand your options and apply for a policy the policy genius team works for you not the insurance companies you can trust them to offer unbiased help and advocate for you every step until you are covered policy genius does not add on extra fees or sell your information to third parties head on over to URL_TOKEN shapiro to get your free life insurance quote see how much you could save that's URL_TOKEN shapiro again URL_TOKEN so END_SPONSOR_TOKEN