Eurodollar University cover image

Ben Bernanke's Nobel Prize award rewrites the past while darkening future for a single word.

Eurodollar University

00:00

Ben Bernanke Getting a Nobel Prize

The world is as unstable as it's been in a very, very long time and nobody seems to have any answer for it. Even Ben Bernanke receiving a Nobel Prize is an admission that this is beyond the capabilities of the Fed. So I asked why the hell do we care about rate hikes from Jay Powell outside the near term effects on the short run of the curve? That's what we're really talking about. What is the Fed actually doing? And if it's always pointing in the direction of financial, then what's going on monetary? We think it's the Fed, but here we see a perfect example where the Fed is saying, no, not us. It wasn't our

Play episode from 02:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app