
Why the Federal Reserve is stuck in a "cul de sac", and what it means for you.
The David McWilliams Podcast
00:00
The Fed Is in Colosseck
There has never been a better time to have money in your back pocket in the United States than now. But what is happening is the Fed is in Colosseck. They've increased interest rates. The people who really, really get squeezed are the people who have existing leverage and are trying to refinance everything. And that's where we're going.
Transcript
Play full episode