Daniel Foch

speaker

1,195 appearances 3 recordings 1 series first heard May 2026 last heard 8 Jun

Daniel Foch’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in May 2026 with 2.

Appearances

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The Canadian Investor · Real Estate M&A, Sticky Inflation, and Canada’s $25B Gamble · 2 May 2026 podcast

But what we're seeing with Fed chairs is they tend to also care a whole lot about their legacy.

No, but there's also that point.

There is the inflation legacy.

But do you also want to be perceived as the guy that came after Powell that essentially made the Fed less independent?

Yeah.

Yeah, but most people don't see that.

I don't think it's weird, actually.

I think it's a no-brainer for politicians because if they criticize and they say, oh...

like you should be cutting rates and then the bank, central bank doesn't cut rates.

They can go back to their constituency and say, look, if I would have been, yeah, I tried.

And if I would have been, uh, at the head of the bank of Canada, federal reserves, I would have cut rates.

Things would have been better and blah, blah, blah.

But then on the other end, if you're the central banker, you're kind of doomed.

If you do doomed, if you don't, because if you do go ahead and you kind of listen, but you say you're doing it for your own reasons and then it backfires,

The politician won't say like, oh, well, you know, I was pushing him to cut rates.

They'll just say, well, you know, they should have seen this happen.

Like they're the experts.

Like they cut rates and they created this crisis, like whatever it may be.

So if you're a politician, you really have nothing to lose, even if they actually listen to you and you do it.

Because who takes the blame in the end?

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