Joe Weisenthal

speaker
562 appearances 1 recordings 1 series first heard Sep 2026 last heard 17 Sep

Joe Weisenthal’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Sep 2026 with 1.

Appearances

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But the thing is the Fed is going to be making decisions. matched
There's twelve members of the F O M C twelve voting members of the F O M C and they are going to be attempting to meet their dual mandate of maximum unemployment and stable prices and things that they will take into account. matched
Well, what is government spending look like right now? matched
What is trade matched
trade and tariffs, what does that mean for the inflation picture, et cetera? matched
What does AI mean for the state of the employment position, etcetera? matched
But at the end of the day, then it's like matched
You are in once you are a participant in that market, what you are betting on is strictly and only how those twelve members of the FOMC are going to be digesting that information. matched
You know, when when we occasionally have uh arguments or debates about prediction markets, I like to point out matched
that the g US government uh bond market is not figuratively or metaphorically a prediction market. matched
It is literally a prediction market in the specific sense that you are making bets on how twelve voters, just as an elect it's an election of t and there are only twelve voters of what they will do at the next meeting or the subsequent meetings. matched
So it is literally matched
a prediction market of how you expect twelve people to vote eight times a year. matched
And that's not that's that is all I believe that a government uh at least in the US that a government bond market could ever be. matched
Yes. matched
Which does not have a driver. matched
So the the goal is stable prices. matched
Stable prices. matched
And that has been interpreted and formalized as we have a two percent inflation matched
Yeah, I don't know like what like operations how do we maximize right, because let's just say we have a let's say we have an AGI that could do all human labor. matched
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