26min chapter

Forward Guidance cover image

Deficit Spending Will Send S&P 500 To 6,000 And Beyond | George Robertson & Mel Mattison on the True Risk-Free Rate and The Fed's Control of The Treasury Market

Forward Guidance

CHAPTER

Monetary Policy and Market Dynamics in WWII and Beyond

This chapter examines the lack of independent monetary policy during World War II, as financial strategies were dictated by the Treasury and politicians rather than central bankers. It explores the current economic environment, focusing on the interplay between fiscal deficits, bond markets, and the Federal Reserve's influence on interest rates and nominal GDP expectations. The discussion critiques recent monetary policies and their effect on market behavior, raising questions about the accuracy of economic predictions and the future of traditional economic beliefs.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode