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#1066 Lyn Aden Gives A Masterclass On Current Financial Environment

The Pomp Podcast

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How Effective Can the Fed Be in Destroying Demand?

As we moved into 20 22, cut up athe end of 20 21, we start to see the fed talked tough, and then they actualy start to act in 20 22. And the overarching theme is basically, destroyed demand. So think they can be effective in the near term, and i think to some extent, they've already have been. They contributed to the housing market seizing up. For example, if you busy, if you make finance and cost a lot higher, that does inpact company's abilit to get capital. Ah, and youno itis also thi wealth effect. Going into this period us, household net worth was six times as high as g p

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