4min chapter

Odd Lots cover image

Ed Harrison Explains What the Fed Is Really Trying to Accomplish

Odd Lots

CHAPTER

Ike, I'm a Little Bit More Pessimistic at That Part.

Ike: It's crazy that we spent like, a decade worried about why inflation was under targea and an doing a lot of stuff to try to get. And then suddenly it's like, o, inflations up. Who would ever thought that we wanted to go back to the days of secular stagnationy? Ike: The poor prospects of a soft landing, at least based on history, were not encouraging.

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