1min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Three Good Fellows and Not Enough Babies: A Conversation with Demographer Nicolas Eberstadt | GoodFellows: John Cochrane, Niall Ferguson, H. R. McMaster | Hoover Institution

GoodFellows: Conversations from the Hoover Institution

CHAPTER

The Fed's Trying to Bring Down Inflation by Raising Rates

There's now a massive contradiction between what the Fed is trying to do to bring down inflation by raising rates and what it's now doing to prevent a banking crisis buying effect restarting the end of the meeting. Do you agree? Well, it's more than quantitative easing it is a handout. This is real resources that are going into the pockets of everybody who lost money. And so we're once we are in firmly in the regime of make money in good times by leveraging up and taxpayers come give you money in the bad times. Once again ratcheting up we do this over and over again, a new class of creditors gets bailed out. And we all live happily ever after surely

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