Kevin Warsh must move fast to undo the worst Fed mistakes in decades

President Trump was smart to select Kevin Warsh as next Fed chairman. He should reverse Jerome Powell’s policies and work quickly to restore stability at the Federal Reserve.

It’s critically important for Warsh to "know thine enemy," or the Fed’s blob will chew him up and spit him out. The Fed staff will openly work to subvert Warsh’s primary strategy to conquer inflation. A noted economist and expert on the intersection of law, economics and public policy formation, Steve Moore is the co-founder of Unleash Prosperity Now, an organization that promotes policies fostering economic growth and job creation.

Powell never understood that. He believed that growth causes inflation. What we got instead was a near Fed-created stock market crash and slow growth in 2018, followed by four years of Biden-era stagflation, with stagnant real wages AND high prices.

Powell is a lame duck, and a wounded duck he should resign immediately. He won’t, so we have four more months before regime change and the abandonment of his monetary and interest rate mismanagement that gave us 9% inflation.