The U.S. stimulus response to WWII was 5.4% of GDP, while the stimulus response to COVID was 20% of GDP. What contributed to such a significant jump in inflation relief attempts, and where does that leave us now?
The guys are catching up on current events, from the feeling of being stuck in the middle of an unaffordable housing market, to growth in construction employment and rallies in the stock market. They also speculate if there are any possibilities for a premature Fed rate cut and what it would mean for inflation.
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