The problem with the fed and the administration and congress basely flooding the zone with all this fake money is that it distorts all the signals in the conos. People start making investment decisions that don't work, and then you have this mass of correction. How long have we been over feeding the market? Obviously happened under bydon and trump. Did it go back to abama or no. It started in two thousand eight nine withala troubled ascet relief programme. But what it also did was introduce comfort around this idea of quantitative easing,. You may hear that a lot. What does that mean? The fed will generally step in with liquidity, typically into the credit market, never into

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode