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8: You can’t fight the Fed

Onward, a Fundrise Production

CHAPTER

The Wealth Effect: How It Affects Inflation

There's still wait times of 90 days outside of ports, when wait times would have been four days in 2019. Our home builders we work with are still seeing 75% of the markets they operate in are still supply chain constrained. So I say it's like housing or like goods and manufacturing. It's not here yet, but it's you can see it coming. And I think it's going to be largely positive in terms of bringing inflation down in a normal way rather than in a sort of a break, like what happened in 2008. Okay. How do you think of the wealth effect? I mean, it seems pretty straightforward, but just a, it's clearly a big driver of

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