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Inflation returns (kinda), what would James Joyce think?

The David McWilliams Podcast

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What's the Point of a Loose Monitary Policy?

i think what's going to happen is, if the americans are really serious about bringing down inflation. They will have put real interest rats into very positive territory at the moment,. inflations eight % in America. And that basily means destroying the economy. Sa, there's no way they won't do that. In dublin, loads and loads f the tech companies are laying people off for the first time in ten years. So thereis become a total collapse in the optimism of tekyes right? The optimism, the effervescence, the idea that the world is changing. That has changed overnight. Big issue.

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