3min chapter

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#1205 Cullen Roche | The Disastrous 2023 US Economy Explained

The Pomp Podcast

CHAPTER

The Importance of Monetary Policy

What would you like to see done in kind of a macro environment that would be conducive to that stuff occurring? Yeah, that's a really, really hard question. Even monetary policy in my mind is a carrot and a stick, right? In some cases, obviously ultra low interest rates is very much a carrot. But then there's this stick capability, which kind of, if you look at it, Jerome Powell gone from zero to 5%.

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