I’d love to see a deep dive of why Congress does continuing resolutions for budget proposals vs how they’re supposed to be doing it as laid out by the law
You covered it briefly on the pod a few weeks ago but I would get a lot of value out of a concise article like this
Great Summary. You might have said more about the Accord.
I'd be interested in the author's explanation for the reluctance of the Fed to reflate after the 2008 financial crisis. Did it feel limited in the amount of QE it could do? Was it fearful of allowing inflation expectations to exceed 2% for long? Did it have an implicit inflation ceiling instead of target?
Great stuff here Chamath.
I’d love to see a deep dive of why Congress does continuing resolutions for budget proposals vs how they’re supposed to be doing it as laid out by the law
You covered it briefly on the pod a few weeks ago but I would get a lot of value out of a concise article like this
Is the fed in the arena?
The Fed runs the arena.
You always go straight to the point, polished and organized 👍
Great Summary. You might have said more about the Accord.
I'd be interested in the author's explanation for the reluctance of the Fed to reflate after the 2008 financial crisis. Did it feel limited in the amount of QE it could do? Was it fearful of allowing inflation expectations to exceed 2% for long? Did it have an implicit inflation ceiling instead of target?
Why are you looking sideways in your photos
what should be the main takeaway, they tend to make wrong decisions?