Wealthion - Be Financially Resilient cover image

Painful Reckoning Ahead Due To "Really Really Dumb" Monetary Policy | David Hay

Wealthion - Be Financially Resilient

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The Importance of Inflation in the Economy

The Fed funds rate is a little over five but the CPI was just reported today core CPI running at 5.3%. So it's basically right at the Fed funds rate. Hard to call that restrictive now if you look at, you know, CPI not core,. You know, it's in the fours and so you can say well it's at least a little bit positive. A lot of markets do have very significant real interest rates that now you would say that's restrictive. Some of these weaker corporations are going to be really struggling as they have to refinance as theyhave to refinance. And some of these companies are just not going to make it.

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