2min chapter

Animal Spirits Podcast cover image

An Extraordinary Decade (EP.236)

Animal Spirits Podcast

CHAPTER

The Fed Shouldn't Rake Rates, but They Should

Some people are talking about, like the fet is behind the curve. Some people are of the opinion that they should raise rates. If we couldn't do three or four rate hikes now, when inflation is already at seven % economic growth is going tobe like ten per cent this quarter. When could you do it? But the thing is, i said last week, listen, the fed can't unload those container ships any faster. The fed can't build semi conduct for us thay. Can't fill the car lots. Why do we want to cut demand?"

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