The Compound and Friends cover image

12 Things Everyone Got Wrong About Inflation

The Compound and Friends

00:00

The Fed's Response to the Financial Crisis

The government response to the financial crisis was primarily monetary. President Trump passes the CARES Act 1 10% of GDP, biggest fiscal stimulus in history,. $2 trillion. In comes Joe Biden, another $900 billion. So what are we up to? About $4 trillion? And then everything else that's over the next 10 years, infrastructure, semiconductors, inflation reduction. These are all massive fiscal stimulus.

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