David Malpass
speaker
289 appearances
4 recordings
1 series
first heard Nov 2025
last heard 22 Jun
David Malpass’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Dec 2025 with 2.
Appearances
You saw that they cut the interest rate, which is good, except it was three months or four months too late.
That's really expensive to taxpayers, because the national debt is so large that every month that you wait costs money.
But one other thing they did again on Wednesday was announced
they were going to start heavily buying Treasury bills.
So we've got this circular process where the government spends all the money, issues Treasury bills, and the Federal Reserve buys the Treasury bills.
So they announced the purchases that I think started yesterday.
Normally, they do it later.
The new terms don't start until March 1st.
So they moved earlier than expected with the announcement on Thursday.
That locks in.
the votes on the Federal Open Market Committee.
That's the board where the Fed uses that board to set interest rates.
And they just themselves named 11 of the members that will be on a 19-member board.
So they just locked in a majority, really, for the next five years.
It'll be hard to remove those presidents.
And so then what that means is that as President Trump's growth program accelerates and brings faster growth, the Fed has a model that says that growth is bad because they think growth causes inflation.
We know that's not right.
Growth causes more production.
It causes more goods and services.
But in the Fed's model, they think it causes inflation.
Showing 141–160 of 289 · page 8 of 15
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