2min chapter

The Daily Show: Ears Edition cover image

Madison Cawthorn's Naked Video Scandal | Alex Burns & Jonathan Martin

The Daily Show: Ears Edition

CHAPTER

Do You Know What the Fed Is Doing?

The fed raises interest rates, which means the cost of borrowing money goes up. People and businesses will spend less money, which then makes prices start to come down. The trick is that you have to bring spending down, but not too much too fast. You got to do it just right, or the economy could crash and you end up in a recession. So it's a delicate balance. But if you're too extreme and you call the copse, or if you jusd ike to turn on the lights,. now every one sees who they were dancing with, now the party ends. That's a recession of a party.

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