A lot of dysfunctions within America's economy can be traced back to the Federal Reserve's heavy hand in setting interest rates and tweaking the money supply. Danielle Dimartino Booth, CEO of Quill Intelligence and former advisor to the Dallas Fed, believes the US central bank lost its way in the 1970s when Congress tasked it with ensuring both maximum employment and price stability. Instead, she argues the Federal Reserve should have a single goal-keep inflation low-and must allow the business cycle to run its course.
Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.