Chasing Commas (guest: Joseph Wang)
The Market Huddle
00:00
The Fed Controls Overnight Rates
The fed was at a time where interspater at zero. It felt like the economy needed stimulus, and it wanted to push rates in the longer and lower. They bought a lot of trudgeries, tried to compress the term premium,. And that mechanically has two impacts. So i think fat then it was all about hyper inflation, right? Ha, ha, ha, gold.
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