Macroeconomics has been the economic norm for over a century in the Western Hemisphere. But with many stagnant economies across the globe and a decaying middle class in the US, it may be time to question many methods.
Finance expert and legendary publisher of Grant’s Interest Rate Observer, Jim Grant does just that. On the latest episode of Grant’s Podcast, Author of Predicting the Markets, Ed Yardeni is asked: Has macroeconomics succeeded? And if it hasn’t, what does that say about central banking and the Federal Reserve system in the United States of America?
PODCAST DESCRIPTION: Ed Yardeni, President of Yardeni Research, Inc. and author of Predicting the Markets, A Professional Autobiography, joins Jim for a lively discussion.
1:52 Interest #rates, then and now
4:11: “The #bond market has been rigged”
7:22 #Inflation is the big risk
12:08 Has #macroeconomics succeeded?
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