STAFF NEWS & ANALYSIS

Get Rid of the Fed

By Daily Bell Staff – February 12, 2017

Booth says many books about the Fed’s actions following the financial crisis have been written to make Fed officials look as good as possible because they are often written by the principals themselves.

A former Fed adviser in Dallas has criticized central bank economists for not understanding economics. Danielle DiMartino Booth was a financial journalist who warned about a real estate crash due to overly low interest rates.

She was hired as an adviser to Richard Fisher, a former president of the Dallas Fed, who felt similarly when it came to rates. Over time she became his eyes and ears in examining Fed policy and criticizing it.

Now she has written a book,”Fed Up: An Insider’s Take on Why the Federal Reserve Is Bad for America,” that is just