Is inflation dead . A new era of lowflation is confounding and calling into question the independence of the Federal Reserve. Peter the fed is having a series of conferences over the course of this year, culminating in chicago in june. That is called fed listens. It is a combination of listening to work where they are talking andeople listening tour professional economists. Are we communicating wrong . Do we understand what causes inflation . It is not just inflation. Jason inflation is the heart of Monetary Policy. That leads us to a really important point because Monetary Policy and fiscal policy, Monetary Policy being what a central bank does, fiscal policy being what government does, taxing and spending. We have an administration that probably would be ok if those were done more hand in hand. There is a case to be made for that, apparently. Peter it is interesting that lefties hate donald trump, that is a fair statement to make, yet they share some interests. Both believe the econo
Musical guest quavo. And feating the legendary roots crew. Questlove 938, alabama. Steve and now, here he is, jimmy fallon [ cheers and applause ] jimmy oh, my goodness. Thank you very much. Thank you, everybody. Welcome to the tonight show. Youre here. [ cheers and applause ] you made it. Thank you. You guys, i wanna say congrats to the new york yankees, cause last night [ cheers and applause ]st ight, they beat the oakland as and got one step closer to the world series. But, now the pyers are nervous cause theyre also one step closer to having to meet the president. N no, hang [ laughter and applause ] what do we do . Do we go . W what do we do . Talkbout it later. But it was a great game for the yankees. They won 72. The postgame locker roowas nuts. The whole team drank almost as much as brett kavanaugh. It was unbelievable. It was like ] [ applause ] speaking of the Supreme Court nominee, the fbi finished its report on kavanaugh this morning, and delivered to the u. S. Capitol at 4
Guests Billy Crystal, Gisele Bundchen, musical guest quavo. And feating the legendary roots crew. Questlove 938, alabama. Steve and now, here he is, jimmy fallon [ cheers and applause ] jimmy oh, my goodness. Thank you very much. Thank you, everybody. Welcome to the tonight show. Youre here. [ cheers and applause ] you made it. Thank you. You guys, i wanna say congrats to the new york yankees, cause last night [ cheers and applause ] last night, they beat the oakland as and got one step closer to the world series. But, now the players are nervous cause theyre also one step closer to having to meet the president. No, hang on [ laughter and applause ] what do we do . Do we go . W what do we do . Talk about it later. But it was a great game for the yankees. They won 72. The postgame locker room was nuts. The whole team drank almost as much as Brett Kavanaugh. It was unbelievable. [ audience ohs ] it was like [ applause ] speaking of the Supreme Court nominee, the fbi finished its report o
Respect a brand a little more for taking a stand and believing the way that you do. They thought it was a very brave and bold move. We showed the nike video to people here at union square. What did you think . Very inspiring. Very great message. Reporter but, there are others who dont agree with kaepernick or celebrate his message. To neil for the american flag, the starspangled banner, and then, to play an american sport for an American League . What are we doing here . Reporter other people seem to agree, republican congressman lee selden tweeted pat tillman should have been the face of nike, the former nfl star from san jose turned down millions, enlisted in the army, after the september 11 attacks, and was killed serving in afghanistan. His nfl name was created with tillmans face in the nike ad. The congressman said tillman died for our flag and anthem while kaepernick protested it. Reporter we saw people out here taking pictures of the nike billboard, one man said he even bought n
Weve got so much to talk about tonight. Joe biden is getting a celebrity makeover, new yorkers are furious that traffic might go away, and leslie jones is joining us tonight [cheers and applause] yeah. Plus, the legend huey lewis will be here [cheers and applause] so lets get into headlines. [cheers and applause] lets begin with the breaking news sam bankmanfried, disgraced crypto mogul and man who got bitten by a radioactive pube, has been sentenced to 25 years in prison for all his crypto scams. [cheers and applause] hopefully this saga has taught people not to fall for the easy money scam that is bitcoin. Bitcoin on fire, touching another alltime high yesterday. Bitcoin hits another record. The Worlds Largest cryptocurrency surged above 72,000 today, a new all time high. Jordan buy bitcoin. Use kids College Tuition account. Sure thing. Yeah, not a problem. Speaking of money, lets move on to one of the foundational principles of american democracy money. The green was out today when