2min chapter

The Compound and Friends cover image

The Game Has Changed

The Compound and Friends

CHAPTER

Is the Fed Overconfident in Their Ability to Predict the Future?

The market is pricing out what the Fed's saying they think they're going to be doing. They are very- They're overconfident in their ability to predict the future. And they're under appreciative of the power that they have to impact the economy, right?

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