In this compelling episode of 'The Vivek Show,' host Vivek Ramaswamy is joined by Danielle DiMartino Booth, founder of Money Strong, LLC, and a former adviser at the Federal Reserve Bank of Dallas. They dive deep into the inner workings of the Federal Reserve, discussing its policies and their consequences on the global economy. Danielle sheds light on the questionable alliance between Wall Street and modern monetary theory, as well as the Fed's role in the 2008 financial crisis. She also shares her insights on the COVID-19 pandemic, the broken notion of trickle-down economics, and the rise of "unicorn" companies. Finally, they discuss the potential for the next US president to reform the Fed and the importance of strong leadership.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Time-codes:00:00:13 - Vivek's focus on reforming the Federal Reserve00:02:07 - Danielle calls COVID-19 an "act of war" by China00:05:31 - Danielle's book "Fed Up"00:07:33 - The broken notion of trickle-down economics00:08:12 - How Greenspan and Bernanke distorted price signals00:11:26 - The Dodd-Frank Reform Act and its impact on small banks00:13:01 - The 2007 Jackson Hole Symposium00:15:05 - Negative effects of zero interest rates00:15:48 - Federal Reserve's role in the 2008 financial crisis00:17:27 - The boom of venture capital funding and "unicorn" companies00:19:06 - Raising the capital requirements ceiling to $250 billion for banks00:20:42 - BlackRock's involvement with the Fed00:21:29 - Interest rates shouldn't have been reduced to zero after the 2008 crisis00:22:34 - The shadow banking system00:23:21 - Only one round of quantitative easing needed after Lehman00:25:00 - Unequal benefits of low interest rates and asset inflation00:27:04 - Modern monetary theory and its alliance with Wall Street00:28:35 - Erosion of checks and balances in government00:29:19 - Federal Reserve should safeguard the value of the US dollar00:30:21 - Unfilled job openings due to people being paid not to work00:31:27 - Opportunity for the next president to reform the Fed00:32:05 - Importance of a market disciplining event00:32:26 - A single large regulator for the financial system00:33:22 - Allowing banks to fail without causing widespread