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PGM Fixed Incomes Monthly Podcast Series.

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leading economists, research analysts, and investment professionals, whether you're new

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This podcast is intended solely for professional investor use.

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We begin, right now, our coverage into a July 27th Federal Reserve meeting, which in sequence

with the last one and maybe in sequence with the next one is truly historic.

A student of this, of the history of the nation's economics, and the action of it is a former

Richmond Federal Reserve president, Jeffrey Lacker, and we're thrilled to Professor Lacker.

Jeff Lacker, I want to go back to one of my heroes, a gentleman from Washington University

at St. Louis, the laureate, Douglas North, who codified the word ambiguity, and also did a careful

study of the dynamics, the movable parts of our economy.

All of our listeners, all of our viewers are drowning now in the dynamics of our economic

...