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Rick Roberts

Rick Roberts

Canadian actor

Oct 5, 2026

64:16
So what, what's your take on that?
64:18
I mean, I tend to agree with my former colleague from the Fed, although we were at different locations, Chair-Chairman Warsh.
64:29
Forward guidance is, you know, came about largely during the financial crisis, and it was intended to tell the market, "Look, here's what the Fed is doing today, and here's what we're gonna be doing over some horizon in the future in terms of interest rates." So look, things are bad enough, and they were back then, right? You, you recall, as I do, the, the, uh, great financial crisis.
65:00
Things were bad enough, so the Fed was more or less saying, "Look, don't be worrying about what we're gonna do over the next two, three years or so.
65:11
Count on us keeping interest rates low.
65:14
We're not gonna raise them.
65:15
We promise we're not gonna raise them.

16 MINS LATER

81:07
All right, how has the rapid progress of artificial intelligence impacted economic growth, and is it a good thing?

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