2min chapter

The Compound and Friends cover image

A Very Tom Lee Christmas | What Are Your Thoughts?

The Compound and Friends

CHAPTER

Is There a Policy Error?

"It's urgent that the Fed and central banks really start to examine what could be where the puck is going," he says. "We're actually printing core deflation without housing, which would not be taking overnight rates north of 5%. So maybe there is that disconnect and they don't see it."

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