A Global Perfect Storm
The David McWilliams Podcast
00:00
Is There a Sweet Spot for That Intest Rate?
Headline inflation and american corps inflation are now very, very high. Food and energy prices have gone up because of our frends called poot inflation,. But also because the american labor force is very, very tight. And don't forget, the American economy has been doing extremely well. All of that is pushin America's inflation up very, veryhigh. If you want to get inflation back down to two %, and it's run n ta seven% You've got to increase interest rates quite dramatically.
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