Bloomberg Wall Street Week April 21st, 2023
Wall Street Week
00:00
The Law of Unintended Consequences
Rick Reeder of BlackRock talks about the law of unintended consequences. When we set out to do one thing and it leads to an outcome we never anticipated. The Fed tried to get inflation back under control by raising interest rates, but sideswipe tech startups in the process. Walt Disney Company thinking it was standing up for LGBTQ plus members of the community only to wind up with a prison next to Disney World.
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