Forward Guidance cover image

Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth

Forward Guidance

00:00

The Debt Ceiling and the Fed's Controls

CNN's John Defterios and Danielle Pletka ask him how he sees the debt ceiling crisis playing out. He says there is a risk that Treasury secretary Janet Yellen has a huge refinancing wave that sucks tons of reserves out of the system. But if McCarthy corrals extremists in his caucus, they could agree to suspend the debt limit until late next May of 2024 - or we'll just go down to the wire.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app