
Ep 368. Favorite Buffett Lessons, Yield Curve, Inflation, Management Teams, & Matching a Style to Your Personality
Focused Compounding
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What Is the Issue With Sticky Price Inflation?
The federal deficit, in terms of g d p, is the highest since cove it happened. It's been the highest that it has ever been, except for world war too. The issueis not so much as there ing be a recession, you know, now or in the next year,. Or how high the terminal rate will be this time. But i think the issue is more that rates could be higher, nominal rates could behigher for longer than people think. And that on things like mortgages and stuff, that might have a really big effect.
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