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Unusual Whales Pod Ep 16: Macro Outlook for 2023, the Federal Reserve in 2023, and the January 6.5% CPI Print

Unusual Whales

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The Structural Secular Effects of Monetary Policy

Jem: powell recently said he's committed to the mission of getting that inflation down despite any possible political blowback jem we've spoken about the independence of the fed and the way often this perception has faltered in communication has sometimes gone awry first comments on what anything speakers have said jem. Powell: My view is is that everybody's looking at this whole equation as if it's linear and two dimensions uh... there's a second probably more meaningful effectUh... that complicates things which are the structural secular effects of monetary policy Monetary policy  is supply side economics, reversing globalization reducing technological innovation yada yada those suck.

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