Danielle DiMartino Booth: Economic Disaster is Coming

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In this Nomad Capitalist Live 2024 interview, former Federal Reserve economist Danielle DiMartino Booth sounds the alarm about the economic disaster that is looming in the United States. DiMartino Booth discusses job losses and warns of another major wave of layoffs. She also details her tenure at the Federal Reserve, explains why the Fed is bad for the USA and addresses the question of whether the United States needs a central bank. Additionally, DiMartino Booth forecasts how both a Donald Trump victory and a Kamala Harris victory would impact the economy and your finances.

00:00 Impressions of Kuala Lumpur
01:07 Danielle DiMartino Booth's Federal Reserve Tenure
03:13 The Fed and Confidence Bubble in Central Bankers
07:34 Why the Fed is Bad for America
10:00 Does the United States Need a Central Bank?
12:39 Job Losses and Negative Economic Indicators
15:31 Move to Malaysia or Italy?
16:25 US Debt and Deficits Harming Economic Growth
20:07 Inflation Forecast and What to Do if Trump or Harris Wins


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