5min chapter

The Prof G Pod with Scott Galloway cover image

No Mercy / No Malice: Disinflation

The Prof G Pod with Scott Galloway

CHAPTER

What Happened to Cryptocurrency?

When inflation hits 8% in a country where it's been sub 2% for decades people get excited. Consumers tend to worry about higher inflation more than economists who recognize that inflation is at least partially self-correcting. Low interest rates mean money is cheap and easy to borrow so people take more risk. The Fed sets the floor on interest rates, the federal funds rate which it took to rock bottom crazy eddy.

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