Divine Intelligence, etc cover image

sr20230420_Money

Divine Intelligence, etc

00:00

The Fed's Prediction of a Recession

70% of Americans are financially stressed, 58% live paycheck to paycheck. Shelter costs have risen at least 0.5% from the preceding month for 14 consecutive months. The Fed minutes now predict a recession this year; they've never predicted it in advance. We're living in an intervention economy where allocation of resources bears no relationship to economics.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app