MRKT Matrix cover image

Chutes and Ladders

MRKT Matrix

00:00

Should There Be a Federal Reserve?

Unemployment spikes very quickly right before a recession, and it takes a lot longer for it to come back down. So I do think that the Fed has gotten a lot of criticism. But if you just let market forces actually work, yeah, they're going to be periods of time where you need somebody to pull a circuit break or slow the tide.

Transcript
Play full episode

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