Brad Gerstner
👤 SpeakerAppearances Over Time
Podcast Appearances
But yeah, there's a lot of conflicting evidence.
The last piece of conflicting evidence, obviously,
is the labor participation rate, because if you are not even opting in to participate, then you don't get counted as unemployed.
And that's been, I think, a big challenge, 61.9% in March labor participation rate.
Back in before COVID, we were at 63.3.
Yeah, and college graduates are hearing different stories, certain degrees getting jobs, other ones not getting jobs.
It's too early to tell, I think, is probably what we all agree in, and it's a mixed bag.
No.
No, listen, I'm happy anybody gets a job.
But what you do is then you say, we don't trust the numbers and we should get rid of the Fed and we should get rid of the numbers.
So we all know the debate.
No, that was Chamath.
Did I ever say that?
That was Chamath.
Let's get rid of the Fed because we don't like the numbers.
Listen, it's all great.
Come on.
Welcome to the debate club.
What did I say?
What did I say?