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Is the Fed Trapped? (EP.239)
Animal Spirits Podcast
The Fed Has Never Got It Wrong, Even That's Not True
"These are just very weird times for monetary policy, for every policy," he says. "I feel like that sort of broke economics as we know it." The unemployment rate is three point nine % and inflation is at six%. Real interest rates are well below zero. All while the fed is still doing ce yes, they're facing it out,. There are plans about increasing rates to something slightly less below zero for thenext two years.
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