#18 What's next for auto lending, When will car prices drop, How the FED really works, Receiving a call from Warren Buffett | Danielle DiMartino Booth, CEO & Chief Strategist of QI Research
Car Dealership Guy Podcast
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The Fed's Decline in Rates
I was just surprised to see that the way rates went up so quickly, so, you know, consistently. The Fed is supposed to be an independent and a political institution; big banks have as well. I think that if banks can't do math in terms of what the Supreme Court's just said, not then it's not just a subprime phenomenon. If you will get across the entire spectrum from a 3.7% unemployment rate is the highest in history. That's your starting point.
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