AI Picks and Shovels
Bloomberg Businessweek
00:00
The Powell Rule and the Economy
Joel Webber: Maybe we're seeing the birth of the Powell rule here. Volcker had to raise rates to what? Close to 20% in the early 1980s. And if Powell pulls this off with rates around 5%. An unemployment went to 11%. Yeah. Indus was busy this week and he wrote about Barbie.
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