ilmscore | Prediction Details
"if you keep decreasing the amount of dollars out there that makes spending more difficult it spending becomes more difficult that means the businesses would have to keep cutting their prices and if businesses have to keep cutting their prices that could lead into a deeper economic recession and this is where Kathy Woods says that we need to start stimulating by cutting interest rates"
By Minority Mindset | October 24, 2024 | Pending
From video
Cathie Wood: Feds NEED To Cut Interest Rates To Prevent An Economic Crisis 00:04:45 - 00:05:05
Interpreted Prediction
Kathy Wood argues that a decrease in the money supply makes spending more difficult, potentially leading businesses to cut prices and deepening a recession, thus advocating for interest rate cuts to stimulate spending.

Prediction Details

Topic
Consumer Spending

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