Lev Menand
speaker
1,295 appearances
6 recordings
1 series
first heard Jan 2025
last heard 17 Jul
Lev Menand’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 — 2 in all, peaking in Jul 2026 with 1.
Appearances
Can do all sorts of different stuff.
So this is a very shiny prize, even beyond interest rate policy.
I d I think I wouldn't underemphasize the interest rate policy component.
Yes, Trump wants lower rates, and there's an indication that rates will be lowered at the next meeting, but not by the amount Trump is demanding.
Trump wants to run a boom economy, an overheated economy.
And in order to do that, he wants to create.
Very easy credit conditions and loose monetary policy and monetary expansion.
And the Fed is not going to do that on its own.
He's going to have to take over the institution if he wants them to do that.
The whole institution is designed not to engage in such a boom and bust type of macroeconomic management.
And that's actively what he wants.
And I think what we will get, and the markets are only very slowly waking up to that.
Mm.
get asset bubble, right?
We get a lot of leverage in the financial system because we deregulate bank balance sheets and we lower short term interest rates.
That's gonna lead to lots of credit expansion.
Yeah.
And that's gonna be an inflationary boom.
The reason why we don't run the economy like that normally is it ends in tears.
Um there's gonna be a bust later.
Showing 581–600 of 1,295 · page 30 of 65
← Previous
Next →