Is The Federal Reserve Manufacturing a Financial Crisis? — With Christopher Leonard
Big Technology Podcast
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The Federal Reserve's Uncharted Waters
This chapter examines the dramatic actions of the Federal Reserve over the past decade and their effects on the economy, particularly as rising interest rates strive to combat inflation. It discusses the Fed's historical role in financial crises, addressing the implications of its unprecedented interventions, the resulting wealth inequality, and the paradox of inflated asset prices alongside stagnant economic growth. The conversation also highlights the current complexities in the housing market, emphasizing how traditional economic expectations are being challenged by the Fed's policies.
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