Tyler Cowen
speaker
2,016 appearances
10 recordings
1 series
first heard Apr 2025
last heard 20 Jul
Tyler Cowen’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 — 8 in all, peaking in Jan 2026 with 3.
Appearances
But I don't think it's really gonna change inflation or interest rates very much.
І за Паул холд сте?
No, because we already wrecked the independence of the Fed, which I'm not happy about.
But that's the ugly little truth behind this story.
That's why it's not been worse what Trump did, is because it was already wrecked.
Why is Fed independence important?
Sometimes the central bank needs to do things that are not politically popular and they need that shield to do it.
But the basic problem is our debt and deficits are so high that over time we will monetize them to some extent and have higher inflation.
Apart from whatever Trump said yesterday.
Oh so just about shape.
Like I'm not telling you not to worry, but I'm telling you you should have been worried to begin with.
And that's an old story, but it's now closer to a tipping point.
And Trump is making that much worse.
So I would say his actions on the fiscal front do more to hurt the Fed's independence than his words.
But they're both bad.
Can you walk me
The United States is a special nation and we can get away with more debt, which is great for our living standards, but it's bad for our political responsibility because our leaders all know we can get away with more debt.
I think what we'll need to do at some point is have half a dozen dozen years of something like seven percent inflation.
Get the debt down, it won't at all solve the problem.
Problem will never go away, but it will give us some breathing room, we'll then lower inflation, maybe have a recession, and start all over again.
Showing 1141–1160 of 2,016 · page 58 of 101
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