4.6 • 1.2K Ratings
🗓️ 26 August 2025
⏱️ 6 minutes
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0:00.0 | Our money policy is a mess. |
0:02.4 | Can you tell me what our money policy is? |
0:05.2 | Pull it out of your ass. |
0:06.7 | Casey, that's our money policy. |
0:08.4 | That's the money policy of this country. |
0:10.3 | Whatever we decide from one day to the next, and it is really hurting people, and it looks |
0:16.4 | like it is about to get a lot worse. |
0:19.5 | You can file that under the economic uncertainty category. |
0:24.8 | It's the Kendall and Casey show. |
0:26.7 | By the way, I'm Rob, that's Casey. |
0:28.2 | So what I'm talking about money policy, I'm talking about, specifically in this case, |
0:32.9 | there's a bunch of different areas we get into. |
0:34.8 | But without making this some sort of Harvard course, we're talking about the Federal Reserve |
0:40.4 | and the intensifying pressure on them to cut interest rates, which will, look, it's just like |
0:50.3 | anything else. |
0:50.8 | It's supply and demand. |
0:52.0 | And when money is cheaper, people are going to get more of it and they're going to spend more of it. And we saw this little experiment during COVID. Casey, did things get less expensive or more expensive during COVID? |
1:07.2 | More. Yeah. Did your buying power? And when they still are. Did your buying power increase or decrease during COVID? |
1:13.2 | Decrease. |
1:13.6 | Yes. |
1:14.4 | So even though we've seen this little magical mystery tour happened before, we never |
1:19.4 | learn anything because we just keep doing the same stuff over and over and over again. |
... |
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