3min chapter

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#1095 David McIntosh On How To Save America

The Pomp Podcast

CHAPTER

Are We Already Behind the Curve?

We created loose monetary policy environment, which we'd been living in for about a decade or so. We now have two consecutive quarters of negative gDP groth - debatable whether that is at a recession or not. I don't think the fed, for my knowledge, has ever higked interest rates while in a recession. My hope is now we'll be able to correct it and get back on course,. And then have an innovation and the whole productivity of our society catch up with that money supply. You think that's possible? I think it is possible really. Really.

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