2min chapter

Animal Spirits Podcast cover image

The Panic of 2023 (EP.299)

Animal Spirits Podcast

CHAPTER

Fed Chair Powell's Actions to Allow Big Banks to Boost Their Profits by Loading Up on Risk

I think the Fed has done a pretty good job of staying out of that. I think in the future, they're going to be weaponized by vulnerable partners. Elizabeth Warren is calling for Jay Powell's head. There were some great updates from people that were amazing and then there was people who were hysterical. And I think we saw the best and the worst of it.

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