Is the Fed Steering on Break?

The Fed is in a situation where, you know, it's hard for them to do a good job, right? Because ultimately it's a problem that they can't solve with the tools they have. So they're like, yes, they're doing it in a, on a cyclical level. I do believe they can slow down the economy. We're seeing that now. But ultimately, we're in a secular inflation period and the fed cyclical responses are very short-sighted. They're actually exacerbating those at the cost of lowering CPI in the short term.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app