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King Dollar Stands Strong! Discover Why with Ryan McMaken in this Unmissable Interview!

Lead-Lag Live

00:00

The Fed's Anomaly of Interest Rates

The Fed kept rates low for as long as it did in the absence of effectively a great depression. The economy was still real weak until about 2012, 2013 and you didn't even really see median personal income get back to 2001 levels before 2018. So I think that was a big part of it was that the reality they knew at the Fed wasn't the same as what they were saying about the economy.

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