LIVE! Reaction: Answering Jon Hilsenrath

Should speculative ventures be included in calculations of inflation? What about productive investment? Housing? All transactions? Or just consumer prices?----------WHERE----------Vurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgBreaker: https://bit.ly/2CpHAFOCastbox: https://bit.ly/3fJR5xQPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39XjrAlhambraTube: https://bit.ly/2Xp3roy ----------WHEN----------01:02 John Hilsenrath says the Fed has failed to hit its inflation target for "several" years.02:48 Is the Fed keeping interest rates low or is it the market? Which is the cart? The horse?03:31 Should asset price increases be included in measures of inflation? 05:08 How to interpret rising housing prices with falling apartment rental prices?08:15 Asset price bubbles - whose responsibility are they? The Fed? Other regulators?11:32 The TIPS market has inverted - near-term up, long-term trending down.13:13 Economists have long struggled whether / to what degree to include asset price inflation ----------WHAT----------Inflation Problems Depend on Where You Look for Them: https://on.wsj.com/3b1E9nBAlhambra Investments Blog: https://bit.ly/2VIC2wWRealClear Markets Essays: https://bit.ly/38tL5a7----------WHO----------Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, not spending money on haircuts. Art by David Parkins. Podcast intro/outro is "About to Explode" by Daxten and Wai at Epidemic Sound.