All-In with Chamath, Jason, Sacks & Friedberg
Massive jobs revision, Kamala's wealth tax, polls vs prediction markets, end of race-based admissions
Freeberg
I mean, I think the Fed target is 4%, which is kind of where we're at. I think we're at 4.2 or 4.3 now. And so the Fed tries to balance inflation, unemployment and rates. That's kind of the three things that they're looking at. So they make adjustments to rates. Obviously, if you take rates too low, too fast, you have an increase in inflation. So they're targeting inflation's 2%.
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