Sunday, September 18, 2022

(4) Fed Policy and Monetary Velocity with Dr. Lacy Hunt - Global Macro Update - YouTube

(4) Fed Policy and Monetary Velocity with Dr. Lacy Hunt - Global Macro Update - YouTube

In this edition, you’ll hear Lacy and me discuss:

  • How the Fed’s slow shift from “lender of last resort” to “spender of first resort” could have far-reaching consequences for the economy…

  • Why the Fed’s greatest policy obligation moving forward should favor modest- and moderate-income households…

  • What increased housing prices mean for the cost of living in other areas of the economy…

  • Why, despite economic resilience, there is still a significant risk of a hard landing…

  • How soaring interest rates are negatively affecting household savings…

  • Why the Fed’s long-term credibility may be severely damaged…

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