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Value After Hours 05 18: Michael Kao, Urban Kaoboy; Alpha with Asymmetry; Capital Structure Arb

The Acquirers Podcast

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The Pernicious Tax on the People Least Equipped to Afford It

Jay Powell got a question from Elizabeth Warren, where she said, what would you say to the one or two million families who are going to lose their jobs? And he gave an answer. It was very similar to yours. He said that it was, he's looking after the 100 million or so other families by raising their rights to control inflation. Mike: I think my trip to Egypt as a stark reminder of what happens when inflation gets out of control. But this has been a really fantastic wide-ranging discussion. Really appreciate your volume.

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