11min chapter

Animal Spirits Podcast cover image

Dunking on Doomers (EP.338)

Animal Spirits Podcast

CHAPTER

The Impact of the Fed on the Labor Market

They discuss the analogy of a Sumo wrestler representing the labor market and a little boy pushing him representing the Fed's actions. They also talk about the rising cost of capital leading to layoffs in money losing companies and the restructuring happening in companies that required access to cheap capital.

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