
Winner Take All #198 | FED Hikes Rates, Chinese Stock Volatility, EU Bans Russian Media
Winner Take All
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The Fed Knows People Got Rich, Wildly Rich
i know the fed saw things were coming off the rails prior to o eight. They just didn't know, i think, how bad it was going to get. I know personally multiple people that had this insider information. Fortunately, i didn't have the wherewithal even if i did have the ability to make literally billions of dollars off of that information. Um, but yes, that definitely happened. The fed knew people got rich, wildly rich. And so every one of these rate hikes has reverberations ond these reverberations play out not immediately, but over the course of months, quarters, some, you know, one or two years.
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