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#1186 Darius Dale on Bitcoin Rally, Interest Rates, Inflation, & Banking Crisis
The Pomp Podcast
The Fed's Targeting for a Meaningful Increase in Labor Market Slack
Every time the unemployment rate's up 150 basis points, you are in a recession. And so I think implicitly, they're targeting for some pretty, you know, meaningful increase in labor market slack. They need to be doing something now if they want to ensure we have a mild recession and asset markets can really survive that without scaved too materially.
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