00:01
Hello, everyone, and welcome.
00:03
So if the u .s.
00:04
Was undergoing a similar, outstanding, and robust economic performance as china, which monetary policy actions would the feds most likely take? well, here's the thing about a hot economy.
00:18
There is a sweet spot, because if the economy overheats, it will almost invariably lead to a depression.
00:28
And this is largely due to inflation.
00:34
So, for example, what's happening right now in, 2022 is that due to a lot of money that's going around, we're seeing a lot of inflation.
00:44
Because people, like, the economy is essentially overheating.
00:47
There's lots of money being spent.
00:49
Overall prices are rising.
00:50
Inflation is taking its toll...