281: Former Fed President Warns Easy Money Will Bring Big Consequences for Investors w/ Tom Hoenig
BiggerPockets Money Podcast
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Is Three Point Nine the Right Number?
What's a good unemployment rate, or what's more of an equilibrium unemployment rate? Well, that's a very fair question. It's an estimate. People me, what's the right zero? Well, people changing jobs all the time. A it used to be four and a half %. Whats got be about right that seems to have the mix in the market and enough for the economy to be able to function. But some people think three point nine's the right number, and that's part of the problem. Is it the right number? Well, i don't know. And not knowing is for you to say it should be three point five or four point five. I think
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