Michael Barr Hands the Fed’s Financial Regulation Powers to Trump – The American Prospect

https://prospect.org/economy/2025-01-08-michael-barr-hands-feds-financial-regulation-powers-to-trump/

«Countries with a recent experience of dictatorship, like South Korea, tend to be a lot more sensible about what to do when a would-be dictator attempts to seize power, and as a result their institutions are a lot stronger.»

I’m not so sure this part is true.

The rest – yeah, institutionalism for its own sake is not serving us well right now.

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