2min chapter

Open Source with Christopher Lydon cover image

Blyth Returns

Open Source with Christopher Lydon

CHAPTER

The Fed's Interest Rate Increases and Inflation

Do we blame the Fed for extending free money called quantitative eating past the original deadline with the effective enriching Silicon Valley, creating a private stock market for the elite and causing this scandalous inflation? I'm not saying it feeds directly into inflation but it certainly didn't help. The thing about it is if you go I've got I did a slide the other week and it shows the feds interest rate hikes this unprecedented hike from zero to like 5.5 right now. If you put that on a 40 year scale you can hardly see it and it's not even that high during the 1980s with 8% interest you're nearly early 1990s with 6% interest so yeah they did do it

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode