Can we hit a Soft Landing? ft. Joseph Politano
The New Liberal Podcast
00:00
The Fed's Target for Inflation Is 8%
The 8% growth rate is just literally not inflation adjusted. Just the raw number of dollars people are spending is significantly above the trend from the pre-pandemic period. If you were to sell a story of like mid-2021, it's fundamentally a supply story. So you're saying inflation is near 10%, I think peaked at 9.1%. That with an8% growth rate means you have to be having negative real growth at some period.
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