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by jordan_curve
1960 days ago
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So what? After you’ve become the fed chair you’re no longer allowed to make money? Suddenly the pool of people who will ever agree to take the job gets smaller and it will be held by much wealthier people on average. Or I suppose you could say that anyone who has held a government position, left it, and then ever made money in the private sector is ineligible for future government work. In effect all this does is just bar past officials from being elected again. This again reduces the pool of qualified talent by a lot. Janet Yellen is probably the most qualified person in the country to be the fed chair, it seems like she should be allowed to imo. |
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