Weak link between rates and inflation in services economy
The guest argued the link between interest rates and inflation is weak in a modern, services-oriented economy, making fears of a Warsh-led Fed causing runaway inflation unfounded.
Keep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.