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December 28, 2018
About inflation than j. powell or janet yellen. i agree they shouldnt have hiked this last time. i agree they should stop hiking. hes been really lucky. this has been a really accommodative fed. if we look at the natural rate of interest is, which i will not get into on this show. >> dont say that phrase. >> if stephanie were here she would have reached out and smacked me. this policy is still neutral. its not still pretty accommodative. >> i love the nerd talk on economic policy. pull back and ...
December 28, 2018
Were not seeing a lot of -- the inflation we were worried about it was just sort of kissing the bottom edge of their argument of 2% has dropped back below that. i dont know what run away inflation were worried about. many good things are happening with the american labor market. things with dont want to end. companies are going into rehab, finding people with drug problems and figuring out way to get them through rehab and back into the labor market. these are things the companies didnt used to ...