EP146: The Impending Economic Crash: Insights from a Fed Advisor

EP146: The Impending Economic Crash: Insights from a Fed Advisor - Danielle DiMartino Booth

In today’s episode, we're honored to have the formidable Danielle DiMartino Booth with us—a name synonymous with economic expertise and a former advisor at the Dallas Fed. Today, Danielle will take us through a critical analysis of Federal Reserve Chair Powell's varying strategies in the face of economic shifts between 2018 and 2022, delving into the effects such policies have on both Wall Street and Main Street.

Witness the predicament of white-collar employees enduring layoffs that paradoxically bolster stock market figures, and unpack the temporary veil of severance packages over the labor and housing market troubles. We’re exploring the early signs of more layoffs to come and dissecting the real estate tactics that have led to a market in disarray.

Show Notes
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In this episode, you will learn about

Concept of controlled economic demolition through layoffs, primarily impacting white-collar workers.
How severance is affecting labor and housing market perceptions.
Importance of maintaining cash holdings and monitoring investor reactions.
The importance of debt, deficits, and the dollar as a reserve currency.

About Danielle

Danielle DiMartino Booth is CEO & Chief Strategist for QI Research, a research and analytics firm. Prior to QI, DiMartino Booth spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis. She is the author of FED UP: An Insider’s Take on Why the Federal Reserve is Bad for America (Portfolio, Feb 2017).

Connect with Danielle

Website: https://dimartinobooth.substack.com/
Twitter/X: @DiMartinoBooth

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