Summary of The Fed should not vary interest rates from normal levels, says author Nassim Taleb

00:00:00 - 00:05:00

In the video, Nassim Taleb argues that the Federal Reserve should not vary interest rates from normal levels. He believes that doing so could create bubbles and financial instability. Taleb believes that the Fed should instead focus on stabilizing interest rates and avoiding creating too many bubbles.

• 00:00:00 Nassim Taleb argues that the Fed should not vary interest rates from normal levels, as this has caused bubbles and financial instability in the past. He believes that the Fed should instead focus on stabilizing interest rates and avoiding creating too many bubbles.
• 00:05:00 The author of the video argues that the Federal Reserve should not vary its interest rates from normal levels, as doing so could lead to big stock market movements. He points out that there have been no major stock market crashes since the Federal Reserve began varying its interest rates from normal levels.