Scanlon provided a great video and Interview with Mary Daly. Refreshing to hear about the unique background and perspectives from the San Francisco Fed President. Growth mindset remains key.
Great interview! Thanks! Mary said housing is unaffordable and was unaffordable before they started raising rates. So... she just admitted the Fed left rates at zero for way too long and too late. Nice housing bubble you created, Federal Reserve! They didn't get it right then so what faith should we have they are getting it right now?? Short-term rates should float with the market like every other interest rate. A bunch of Ph.D.s are not smarter than the market. Kyla, great show last week with the guys at The Compound! Keep up the great work!!
It is very impressive to see you interviewing such influential people in our fiscal environment. Crazy that I first watched your TikToks for months, and now you're talking to the President of the San Fran Federal Reserve! Great interview Kyla! As a side note, have you considered investing in a microphone? If you plan on doing more interviews like this in the future, could be worth it. Food for thought.
Kyla you need to cross examine these people... Daly sounds so friendly and relatable, youd never guess how much she's done thru ZIRP since 2008 to get us to exactly where we are today. Don't let them use your platform to spin your following
Fed has raised 3% and done 221 billion of QT since April stocks are down 18%. The fed has another 250 billion in QT and 1 1/4% of raises by the end of the year. The question we need to be answered is if they stop at 4.5% rates but continue QT, what happens? Stocks and bonds are going much lower, and I predict QT will stop before the end of this year, and Fed will start QE again next year.
People is what the economy is about, but what will happen when most of the economy can run for rich people through AI ... that will be a scary time for regular folks
Why did they buy MBS? This question never gets asked, why? Before the interview, did you already have your questions briefed? No questions about QE? No offense but your questions are all softballs. She and the FED had policies that caused inflation. No accountability
it does get asked! they did it to support markets. i had limited time and wanted to ask the questions that i did - she has talked extensively on other platforms about what you seem to be looking for.
@@KylaScanlon support markets that are up over 20% in a year or more? They filled the balloon by over stimulating, and causing inflation. Now they want people to lose jobs. These clowns are bad at there job period. U tossed this lady softballs,
@@KylaScanlon Dear Kyla, congrats on landing such a guest! Maybe this isn't what this guy is saying exactly, but just a different example of a question that could have been asked. So much of our system depends on faith and trust. The lack of trust many feel towards the Fed, and by extension, your guest, involves some strongly frustrated feelings. Some are frustrated with the appearances of conflicts of interest at the Fed, what with the resignations and forced retirements, and maybe from the point of view of some, you had a fine chance to bring it up, and ask piercing questions. I personally would like SOMEONE, if only journalists, to hold the Fed to account for itself, especially as it regards its own credibility, and while many others do too, that expectation should not be on you, at least not alone, in my opinion. We turn to you to help us discern through the noise around us, I guess it is natural we would want you to ask the same questions we would. But there shouldn't be an expectation for that to be the case, because there is no for you to know if we don't tell you. Some can't do that without invective. When Fed official after fed official, and (relatedly) congress people's spouses who manage hedge funds even appear to be engaged in insider trading, it might matter to the law if it is or is not legal to the letter, but all the people will remember is that while Covid was bearing down us like a storm, our rich elite were preserving their disparity over us by virtue of the knowledge provided by their positions. Daly is not guilty for these things and neither is Kyla, neither one makes the rules on officials trading. But I wanted to expand on his comment about "softballs" without getting rude, and express that even if she did not cause these things, Daly is a representative of the Fed, and she shares a part in defending its credibility. She could and should have been asked questions in this vein, in my opinion, because as far as I can see if credibility is not established, nothing anyone at the Fed says matters at all. I don't want to come across as negative. Times are stressed for everyone. I guess people have a way of expecting more accountability when times are tough, but maybe that's so they'll have someone to blame. Still, I'm sure you understand why some people have a tough time seeing these high profile people as trustworthy, or why no one expects them to say anything relevant to what people want to know from them. I love your channel Kyla. Keep up the good work. Just don't let it get you down, we see the bs you deal with.
20 minutes of nothing. Nothing. "We think about" and words that you can find in the cheapest presentations. All filler. Tell me I am lying and prove it. This interview brought nothing new to no one and assured that "we think about" is all this people can do... because "doing something about" is only rate-hike... so...? Again. Empty interview.
Good upload and looking beautiful per usual. The "sustainable path" is the new "We need a global recession to work things out" it Seems like lately. 🫠😆 Have a good rest of your weekend Kyla. ✌🏽🫠🤙🏽
Thanks for watching everyone. The full transcript is linked in the description box as well as on wherever you listen to podcasts.
Wow you are getting the opportunity to interview some really amazing people. Really happy and excited for your channel!
KYLA!!!!!! this is awesome. to see how far you’ve come with your content so fast… wow. i’m proud of you!
thank you
Scanlon provided a great video and Interview with Mary Daly. Refreshing to hear about the unique background and perspectives from the San Francisco Fed President. Growth mindset remains key.
thank you victor
Holy shi, you interviewed her fr, that’s crazy. Big step up in the content fr, DO MORE OF THESE
Great interview! Thanks! Mary said housing is unaffordable and was unaffordable before they started raising rates. So... she just admitted the Fed left rates at zero for way too long and too late. Nice housing bubble you created, Federal Reserve! They didn't get it right then so what faith should we have they are getting it right now??
Short-term rates should float with the market like every other interest rate. A bunch of Ph.D.s are not smarter than the market.
Kyla, great show last week with the guys at The Compound! Keep up the great work!!
Great info as always! Was excited to hear you on Plain English a few weeks back. Looking forward to seeing your platform grow in the future
Thank you for the work that you do!!! Big fan since day 1 ;)
awesome work kyla, congratsss!!
It is very impressive to see you interviewing such influential people in our fiscal environment. Crazy that I first watched your TikToks for months, and now you're talking to the President of the San Fran Federal Reserve! Great interview Kyla!
As a side note, have you considered investing in a microphone? If you plan on doing more interviews like this in the future, could be worth it. Food for thought.
Kyla you need to cross examine these people... Daly sounds so friendly and relatable, youd never guess how much she's done thru ZIRP since 2008 to get us to exactly where we are today. Don't let them use your platform to spin your following
Looking good forward to this. Great work Kyla
Great interview. Happy for you Kyla!
Great interview Kyla!
Great interview! Very informative.
A great video for any Econ 101 class. Thank you!
I’m gonna be like Michael Scott, get my bag of microwaved vegetables, sit down and watch TV (Kyla’s new YT)
Amazinng!
Another great video!
Finally on RUclips!
At first I read the title as "Fighting inflation with Truss" and I was like are you sure, don't you want to choose anyone else?
Great content!!!
Wow great interview
Dang, Kayla coming in with a big money interview!!!!!
Fed has raised 3% and done 221 billion of QT since April stocks are down 18%. The fed has another 250 billion in QT and 1 1/4% of raises by the end of the year. The question we need to be answered is if they stop at 4.5% rates but continue QT, what happens? Stocks and bonds are going much lower, and I predict QT will stop before the end of this year, and Fed will start QE again next year.
wow...this channel had just reached a different level 😁
doin big thangs! 👏
Do you have a Patreon? Would love to help you get set up with a better AV situation
i have my substack! that ends up being my patreon of sorts
my econ teacher has us watch your videos
haha i love that!! hopefully you do too lol
People is what the economy is about, but what will happen when most of the economy can run for rich people through AI ... that will be a scary time for regular folks
You should collab with Patrick Boyle!
i feel like i was here for the start of a big youtuber
Their goal is to serve their political master.
Why did they buy MBS? This question never gets asked, why? Before the interview, did you already have your questions briefed? No questions about QE? No offense but your questions are all softballs. She and the FED had policies that caused inflation. No accountability
it does get asked! they did it to support markets. i had limited time and wanted to ask the questions that i did - she has talked extensively on other platforms about what you seem to be looking for.
@@KylaScanlon support markets that are up over 20% in a year or more? They filled the balloon by over stimulating, and causing inflation. Now they want people to lose jobs. These clowns are bad at there job period. U tossed this lady softballs,
@@KylaScanlon Dear Kyla, congrats on landing such a guest!
Maybe this isn't what this guy is saying exactly, but just a different example of a question that could have been asked.
So much of our system depends on faith and trust. The lack of trust many feel towards the Fed, and by extension, your guest, involves some strongly frustrated feelings. Some are frustrated with the appearances of conflicts of interest at the Fed, what with the resignations and forced retirements, and maybe from the point of view of some, you had a fine chance to bring it up, and ask piercing questions.
I personally would like SOMEONE, if only journalists, to hold the Fed to account for itself, especially as it regards its own credibility, and while many others do too, that expectation should not be on you, at least not alone, in my opinion. We turn to you to help us discern through the noise around us, I guess it is natural we would want you to ask the same questions we would. But there shouldn't be an expectation for that to be the case, because there is no for you to know if we don't tell you. Some can't do that without invective.
When Fed official after fed official, and (relatedly) congress people's spouses who manage hedge funds even appear to be engaged in insider trading, it might matter to the law if it is or is not legal to the letter, but all the people will remember is that while Covid was bearing down us like a storm, our rich elite were preserving their disparity over us by virtue of the knowledge provided by their positions.
Daly is not guilty for these things and neither is Kyla, neither one makes the rules on officials trading. But I wanted to expand on his comment about "softballs" without getting rude, and express that even if she did not cause these things, Daly is a representative of the Fed, and she shares a part in defending its credibility. She could and should have been asked questions in this vein, in my opinion, because as far as I can see if credibility is not established, nothing anyone at the Fed says matters at all.
I don't want to come across as negative. Times are stressed for everyone. I guess people have a way of expecting more accountability when times are tough, but maybe that's so they'll have someone to blame. Still, I'm sure you understand why some people have a tough time seeing these high profile people as trustworthy, or why no one expects them to say anything relevant to what people want to know from them.
I love your channel Kyla. Keep up the good work. Just don't let it get you down, we see the bs you deal with.
DelEte the fed !
turtle ring
20 minutes of nothing. Nothing. "We think about" and words that you can find in the cheapest presentations. All filler. Tell me I am lying and prove it. This interview brought nothing new to no one and assured that "we think about" is all this people can do... because "doing something about" is only rate-hike... so...? Again. Empty interview.
sorry you feel that way
Woke Fed😢
Good upload and looking beautiful per usual.
The "sustainable path" is the new "We need a global recession to work things out" it Seems like lately. 🫠😆
Have a good rest of your weekend Kyla. ✌🏽🫠🤙🏽
TRUSTCOIN easy 10x 🚀 🙃