The Future of the Fed Funds Rate

Danielle, do you see a future where the U.S. does not have reserve currency status? Daniel: I don't see how we have an alternative way out of it because we've used the zero interest rate policy for so long that we've accrued all this debt. There is a reason that J. Powell got interest rates as high as they are; maybe he knows that we can have a higher floor. Maybe we can stop at 2%. Because 2% is pretty low. Not even 2% will do the trick. You know what? There's a lot of kids coming up behind you who want to who want to innovate and start new companies and take your place. So get

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Danielle DiMartino Booth's Banking Crisis Opus: Too Small to Not Fail

Danielle DiMartino Booth is CEO and Chief Strategist for Quill Intelligence LLC, an independent research firm. She spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. DiMartino Booth's work at the Fed focused on financial stability and the efficacy of unconventional monetary policy. She earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

In this episode we discuss:

-How does U.S. banking system work?

-Banking crisis and the Fed stepping in with BTFP

-Is the recent turmoil system and similar to '08-'09 GFC?

-Is the recent government intervention QE?

-Will Fed Chair Jerome Powell pivot and go back to ZIRP?

-Credit risk in Commercial Real Estate sector

-Economy decelerating toward recession

-Will hard landing/severe recession spur more fiscal stimulus/CBDCs and UBI?

-How to financially plan in this economy

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Follow Danielle on Twitter https://twitter.com/DiMartinoBooth

IN THIS EPISODE:

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- Quill Intelligence https://quillintelligence.com/

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