AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is There Room to Lower Rates?
When we last het to the crisis, in the great financial crisis, you still had a lot of room to lower rates. So it is different this time for two respects. People are now focused on inflation, cause there is no room to go lower. Interest rates are made up of an inflation expectation and a credit co net. When countries become credit the credit quality of countries becomes questionable. I'm not saying it's going to happen to the usa again. The usa will be the last country to fail. But it's happening right now in canada. And forgive me if i don't care about monetary policy. If he was the ceo of a company, he'd