AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
A Dilemma Of The Fed’s Own Making | Danielle DiMartino Booth & Joseph Wang
Forward Guidance
The Powell Perdicaments and the Wealth Effect in Reverse
Daniel Altschuler: We're having sort of the wealth effect in reverse. Second-home purchases have been kind of driving this train, he says. People are looking at their stock portfolio and saying "I'll just monetize that" He says Palo cannot let housing or credit go; ripple effects would be disastrous.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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