2min chapter

The Compound and Friends cover image

Jill On Money

The Compound and Friends

CHAPTER

The San Francisco Fed's Decision to Raise Rates

CPI first hit 5% year over year in June of 2021. So from June of 2021, we were over 5% for the first time since what I months with stimulus. And so it's like, why under, I don't understand why the management at these banks didn't see what was going on? Like everybody did it. The Fed is involved. Alligator is piling into venture. Venture guys on Twitter are involved. It's not one per person. This is not like made off where it's like one guy. There's a lot of different sides to what causes.

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