The Fed's Stimulative Fiscal Policy in the Last Two Years

Over the last two years, basically, I think what you had was a full bore fiscal and monetary stimulus. And so could we've gotten a soft landing? Maybe. Would it have been a recession? It's hard to say. But then suddenly full bore reversal of policy and that delayed the reckoning that we were experiencing in 2000 and in early 2020. Now, because of inflation, we're going to see three fifties in a row. And so it's going to, it could be, and I would predict it will be worse in many ways in terms of the, the, the outcome.

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