Joey Politano is an economist and commentator who writes regularly on his Substack newsletter titled, Apricitas Economics. Joey is also a previous guest of the podcast, and he rejoins Macro Musings to talk about the state of the US economy, inflation, Fed policy, and much more. Specifically, David and Joey discuss the results of the Fed's ongoing rate hikes, the narrative that higher rates may lead to higher inflation, conducting monetary policy in a supply constrained economy, and more. Transcript for the episode can be found here. Joey's Twitter: @JosephPolitano Joey's Substack: Apricitas Economics David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here! Related Links: *America's 2022 Slowdown* by Joey Politano *The US Labor Market Was Stronger Than We Thought* by Joey Politano

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“What did the council decide on item 42?” — answered with the speaker and the moment.