Jeff Snyder
π€ SpeakerAppearances Over Time
Podcast Appearances
That's what recession is for.
Which never happened.
They used the SPR and it didn't actually get oil prices to go down.
And so again, that's all just it's the messaging.
We need to do something to appear to be doing something.
What I'm arguing for is that from the president and political perspective is that what they should do is be honest.
They should just be honest and say, look, we're not going to get prices to go back.
That's not how economics works.
So that's that's that's we're not even going to we're not even going to try.
That's not our goal here.
No, that's what I'm saying.
He's not saying that.
What he's saying is we need to go in another direction.
You're not going to get the cars to go down.
The messaging, if you want to go to the messaging, the messaging needs to be.
Strongest job market that we can possibly have.
How do you do that?
way to get out of this is to make sure that incomes grow in a fashion that pays for all of those price changes from five years ago.
How do we get jobs growing again?
We need a lot of things to take place, but among them is we need the banking sector to be more efficient and actually start making loans again instead of just lending to BlackRock and the most liquid