FSD: Inflation is a Choice
Episode publishedPodcast: Lumida Wealth : Non-Consensus...Lumida Wealth : Non-Consensus Invest Beyond the Ordinary
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Hey, guys. Hope everyone is doing well. Title of this FSD is called inflation is a choice. That was the headline message from our new FOMC chair, Kevin Warsh. Inflation is a choice. He came back to that a few times here. So I'm gonna share a few observations. I watched, his press conference, and the q and a. I'm warming up to. My thesis is that he's on a mission to lower long term interest rates. I'll come back to that. So, the main message was trying to convey is that the Fed needs more accountability. He used those words. He said inflation's been higher than the target of 2% for over five ye
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