Adam Taggart | Thoughtful Money, Released on 12/7/23

Many of the guests appearing on this program recently, though perhaps none more than I, have warned that the Lag Effect will eventually catch up with the economy. That the tighter monetary conditions, the higher cost of capital, the rising lending standards — are all increasing the gravitational force pulling downwards on economic growth. That at some point, “something important, or multiple somethings, will start to break” Is that indeed the likely scenario from here? And if so, is 2024 likely to be the year the Lag Effect arrives in force? To find out, we’re fortunate to speak today with CEO & Chief Strategist for QI Research LLC and author of the book “Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America”

Danielle DiMartino Booth is Founder & CEO of QI Research, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America. DiMartino Booth began her career in New York at Donaldson, Lufkin & Jenrette and Credit Suisse, where she worked fixed income and the public and private equity markets. Danielle earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.

Adam Taggart is the Founder of  Thoughtful Money. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

  federal reserve, inflation, recession