2min chapter

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How To Prepare For The GLOBAL RECESSION & Build Wealth In The Process! | Raoul Pal

Tom Bilyeu's Impact Theory

CHAPTER

Are We Going to Engineer the Economy?

It seems like we at some point crossed a Rubicon and said, we're going to engineer the economy. Do you think that is wise or would we be better taking a laissez-faire away getting our hands off of it? I generally think that the market is better at doing it. They did all of the tightening anyway, well before the Fed. People like you hear the expression, the Fed are behind the curve. What it means is the bond market's already priced it. Interest rates need to go up to slow down the economy because there's too much inflation.

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