#1060 Dylan LeClair On The Continued Decline Of Consumer Sentiment
The Pomp Podcast
00:00
What's Going on in the Stock Market?
"It's truly remarkable, justa kind of the situation we find ourselves in as a global economy," he says. "They throw a bunch of funny money stimulus at everything, and now we get inflation." The Fed was actually rooting for this inflation because debt loads were so large that they needed a way to ride the real value of the debt,. It was actually a plan. They did it too good. So inflation's too hot, and now, due to the kind of the social push back, the political pushback, they're trying to reel it in.
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Transcript
