The Compound and Friends cover image

12 Things Everyone Got Wrong About Inflation

The Compound and Friends

00:00

The Pandemic and the Low Mortgage

There's a shortage of homes as a builder reaction to the financial crisis in the 2000s. 61% of outstanding mortgages have an interest rate of 4% or less. The Fed is driving owners equivalent rent higher, which I think ties into that. You said given the shortage of housing, the rapid increase in rates has perversely caused more, not less inflation,. But how is that distorting CPI, I guess, is the question asked?

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