07/01/2020
https://congress.gov...
"And so I think this is a fundamental reason--fundamental argument for diversity, that there are real distributional effects because of the intrinsic trade-offs that the Fed has to make."
"the fact that the Senate is grossly unrepresentative of the actual population distribution of the States results in about $.5 trillion per year wealth transfer from the high-population States, which a..."
"So I think an issue is, how can we make sure that the people themselves are represented?"
"I want to thank you for everything that you've proven capable of."