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When Money Becomes a Liability (EP.296)

Animal Spirits Podcast

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Is That a Marine Layer Hoodie?

The Fed raised rates so fast, they're probably just gonna have to hold if they do another 25 basis points because inflation is eventually gonna come down to their rate. The economy is in too good a shape to kind of move, make no sense here. This is speaking looking for wins here. What do you rather have 4% inflation in a 3.5% unemployment rate, rather than a 5% unemployment rate in 2% inflation? Yeah, it's winning, they're doing it.

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