Skanda Amarnath
speaker
150 appearances
1 recordings
1 series
first heard Nov 2024
last heard Nov 2024
Skanda Amarnath’s voice in public audio — every appearance, attributed to the second.
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Appearances
I mean I would say to the extent you can free up real resources, right?
Uh I mean to the extent that you're actually reducing inflation or getting the Fed to be more confident about the willingness to lower interest rates, that would probably be the the main mechanism.
I won't let
Um yeah, and I but I I think that's like uh the tricky thing.
You can do a lot of deficit reduction that doesn't necessarily move the needle on inflation or the Fed's reaction function.
But like healthcare costs, for example, right?
Healthcare costs in general need to be constrained.
They do have a pretty direct role in inflation outcomes.
And because of those two things, that's a pretty strong nexus for if we could reduce healthcare inflation by
Half a percentage point each year, that would be a very big deal for what the Fed what ultimately we probably get to the last mile of whatever the Fed's trying to achieve.
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