Lead-Lag Live cover image

Fed Exposed: Christopher Leonard Unveils the Shocking Impact of Quantitative Easing on Our Economy

Lead-Lag Live

00:00

The Fed's Unintended Consequences

Christopher Leonard: I feel like the Fed was driven too much by short-term incentives. He says they were chasing a policy to boost economic growth that made all the big banks of private equity and hedge fund people happy. And as long as price inflation never shows up, you can just keep going down that road, he says.Leonard: The system short-circuited in 2019 prior to COVID. It showed how deeply enmeshed the Fed was.

Play episode from 23:51
Transcript

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