Federal Reserve System board member on capitalism and technology
0:39
YouTubeCouncil on Foreign Relations
Federal Reserve System board member on capitalism and technology
“When capital goes up, machines and technology go up—it makes labor more productive. And firms like productive workers, and that’s why they want to hire them,” says Christopher J. Waller, member of the Board of Governors of the Federal Reserve System. Waller explains why increases in technological capabilities and capital do not ...
5K views2 months ago
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‘The bottom 60% in the U.S. represent only 15% of wealth,’ says Federal Reserve System board member
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