Yeah, let's do it. Why not?

Hello everyone. I'm Kim really Adams. Welcome back to making me smart where we make today make sense

I'm Kai Ristall. Thanks everybody for joining us on this Thursday. I believe it is the seventh day of September

Indeed it is and so by now you know that Thursdays we have started this thing

We're listening back to audio from some of the big stories of the week

And so we have a few audio clips lined up and we're going to get to what was said in those clips and what was left out

So let's start with the first one

You know, I'm happy to join any weed party that you want we'll sit out in the lawn and

And get as deep as we need to my basic view has been

You can't change your target until you've hit your target

I

Was cracking up so that was oh my god

I'm I'm not even sure he realizes what he was saying

Maybe he was saying it in person intentionally and he's just being sly about it

I mean he's up enough to know that was Austin ghouls be the president of the Chicago Fed

Today on market place we we had a long chat about

Infrastrates this economy where he thinks it's going what the Federal Reserve needs to do and I had asked him as sort of a kicker to our

Conversation about about you know the Fed deciding when they're going to be done raising interest rates

I said look

Why don't you just change the Fed's target for inflation which is 2% now one which they haven't been able to hit even in good times

They were below 2% and now they are having a really hard time getting back to 2%

And I said why don't you just change it to three and call it a day and he said

...