Pakistonomy - Episode 149 - Is the US on the brink of another financial crisis?
Pakistonomy
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The Fed's Steps in Reducing Rates
The link to that whole 10-year capital dislocation, essentially, is what we are beginning to see. In Pakistan, a country we often talk about on this podcast, the Fed is raising rates which is making capital for them much, much more expensive. So you're seeing inflation run amok in a place like Pakistan at 35%, 40%. And this is why people are interested, what is the Fed doing?
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