The Federal Reserve and Its Inflation Target || Peter Zeihan

*At :30 and 1:00, I should have said "federal funds rate" instead of 'prime rate'

For all the hungover Americans out there, I heard the best cure after a long day of drinking is to talk about inflation. Well, maybe it will just make your head hurt more, but you still have the weekend ahead of you to relax...

Where to find more?

Where to find me on Social Media?

#federalreserve #inflation #economy

[jerrycampbell-utyf]

Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

[apc]

Zehian on geopolitics is my favorite travel blog channel

[gingerkilkus]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

[der]

"the fed has a lot of tools"
> opens toolbox
> there's only one tool

[Varangoi]

Tune in next week to see if Peter got out of the canyon or not... 😂

[leondonald]

The FED lowered its inflation objective to less than 2% in 2012. They changed the target to a long-term average of 2% inflation. Because long-term interest rates are set at inflation plus a profit margin, the implication is lower interest rates. I consider the current rising interest rate to be a very serious issue it will cause more investors to withdraw from the market. But then despite the severe bear market, I am aware of certain investors that continue to earn over $365, 000. Wish I could accomplish that.

[SalenS-xe]

Anyone else remember when they were calling it "transitory Inflation"?

[ortega]

How many hours per day is Peter hiking? I'm happy to do it once per year 😂

[wyldechilde]

As a millennial I want to have kids. We had one who passed away in 2022. We're trying to rebuild and pick things back up... but the environment we're in where rent keeps rising and cost of living keeps squeezing us, it becomes just too much...

[BronzeManul]

"Hey everyone, Peter Zeihan here, coming to you on day 5 since I took a wrong turn off the trail during a solo hike deep in the Canadian tundra. I'm currently subsisting on snow and the occasional bit of moss, but today, we're going to take a look at what the Biden administration is doing to get a grip on interest rates."

[josww]

The Fed sets the Fed Funds Rate, not the Prime rate. The FFR is an overnight rate (short-term), and has a limited effect on long-term rates (which is why the Fed had to do things like Operation Twist etc etc)

[brownwater]

It’s amusing this fixation on interest rates while no one discusses the effects of just….printing more money.

[TJ-Stackin]

Everything Peter says I take with a grain of salt.

[HWY]

Love all of your information and insight. The beautiful hikes make me miss living in Colorado!

[GraeMatterz]

One of the major reasons that Millennials are not having more kids or not having kids AT ALL is the high cost of living. They know it's only going to get worse as do Zoomers. Wagging a finger in admonishment to them will only get you a finger in return. Their future outlook will have to improve BEFORE they start having more kids. IF the future economic outlook requires more kids, then something needs to be done NOW to offset the high cost of living in order to facilitate that. The cost of childcare is untenable no matter where in the US and that's just one expense. When the powers-that-be are doing absolutely squat to remediate the increased financial burden of childrearing, it's a very responsible decision not to have kids.

[edwinlor]

Legend has it, he's in still in that canyon. Talking to himself in an ever increasing pessimistic tone.

[XenoDrake]

Perer: "Millennials, have more children!"

Me, a millennial who can't afford to buy a house: "No."

[trapical]

1:06 I love how this implies they met without him, like he was _supposed_ to be in the room but they met without him.

[cphrpunk]

“The only example we have is feudal”

Seems that’s the model many are selecting.

[User-reim]

“let me see if i can get out this canyon”?! 😂 someone go save peter