凯文·沃什必须迅速采取行动，纠正美联储几十年来犯下的最严重错误。

Core Viewpoint - Kevin Walsh, nominated by President Trump as the next Federal Reserve Chairman, is expected to reverse the current monetary policy direction immediately upon taking office, contrasting sharply with Jerome Powell's tenure [1][2]. Group 1: Monetary Policy Changes - Walsh opposes the Phillips Curve theory, believing that economic growth does not necessarily lead to inflation, and aims to return to a low-inflation, high-growth era reminiscent of the 1980s and 1990s [1]. - The immediate goal for Walsh is to maintain a strong dollar and price stability, as emphasized by former World Bank President David Malpass [2]. - Walsh's strategy includes reducing the Federal Reserve's bureaucratic staff by 30%, which he believes is essential for effective monetary policy management [4]. Group 2: Challenges and Resistance - There are concerns that Walsh may face significant resistance from within the Federal Reserve, particularly if he attempts to implement his restructuring plans in line with Trump's agenda [5]. - The Federal Reserve's current asset balance of $6.5 trillion is viewed as a major error, and Walsh is expected to expedite the sale of stagnant assets to help reduce inflation to the target level of 2% [7]. Group 3: Transparency and Accountability - Walsh advocates for a transparent interest rate pricing rule based on a basket of commodities, suggesting that changes in commodity prices should dictate adjustments in interest rates [8]. - The importance of fiscal discipline is highlighted, with a call for the Federal Reserve to set a good example by avoiding excessive spending, as seen in Powell's recent expenditures [7].