2min chapter

The Compound and Friends cover image

The Day Inflation Broke

The Compound and Friends

CHAPTER

Is the Economic Picture Difficult?

Twitter CEO Elon Musk says the economic picture ahead is dire. But he doesn't think that's representative of the economy. The top 1% might be tempted to slow down their spending, but it probably won't be because of where rates are. I think interest rates in stock market are secondary to employment.

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