AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
17min chapter
Alfonso Peccatiello: The Fed Put Is Back, Bull Steepener Base Case
Forward Guidance
Debunking Myths About High Interest Rates and Economic Stimulus
Exploring the misconception that high interest rates boost the economy by analyzing the impact of fixed rate loans, fiscal stimulus, and the differing effects on wealthy individuals and borrowers. The chapter discusses private sector borrowing in Europe, highlighting the influence of floating rate mortgages, variable corporate borrowing, and debt levels in determining macroeconomic risks. It also delves into the relationship between government deficits, private sector surpluses, and the potential risks associated with excessive fiscal spending.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode