
Digital Banks are Doomed
Slate Money
00:00
Inflation, Is It a Good Thing?
Inflation is a bad thing because it means i need to pay more for stuff. But J powell isn't really thinking about that, right? He's thinking about, do we do with 75 bases point increase or 50 like the market thought,. The c p i numbers came out aso, this moderated much more than people thought. So then the market went up, right? And so that, again, the market is not the economy, but it had much effect on where the money flows were going based on this weird number that came out. That was just a one month snapshot that the job's data also was utterly bizarre. I didn't understand that. Eoot jobs.
Transcript
Play full episode