Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "Larry Summers Scorches the Fed and Jay Powell" video.

  1. Summers nails it. Neutral is probably closer to 4.5%. If Powell thinks 2.25% is neutral it shows he’s not even in the ballpark. He’s the wrong man for the job.
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  2. Powell’s neutral is just slightly above where he wants inflation to end up. But it doesn’t work like that. You can’t bring 9% inflation down to 2% with 2.25% interest rates. He’s dreaming. You need net positive interest rates to fight inflation. Not net negative. Everyone knows that from the Volker case study.
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  3. Black
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  4. Baboon
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  5. Nigerian
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  6. Criminal
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  7. Fraud
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  8. Virus
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  9. Lying
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  10. Thief
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  11. Filthy
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  12. Maggot
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