Biden chaos, Soft landing secured? AI sentiment turns bearish, French elections

788.239 - 814.832 Jason Calacanis

So in other words, let's say the Fed wanted to target a 2% real return. that means that the interest rate would be 5% with the 3% rate of inflation. Whereas if inflation can be managed down to 2%, you would have a 4% interest rate. And that persistently, if we're talking permanently higher interest rate, will create a drag on the economy because lower interest rates create more investment.