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The David Lin Report · Tuesday, June 30, 2026

Lepard Critiques Fed's Inflation Measurement and Rate Policy

Lawrence Lepard argues that the Federal Reserve will likely cut rates despite current inflation figures, suggesting they will use new measurement methods and task forces to justify this. He believes the Fed's primary goal is to manage inflation to prevent economic collapse while maintaining the appearance of stability.

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The tape

3 quotes
So I think they're going to have to cut rates, but the market doesn't think that yet.
Lawrence Lepard
And with all this AI productivity that's coming out, we think we're going to have lower inflation. Oh, and by the way, we might be measuring it incorrectly.
Lawrence Lepard
I guess, you know, I I'm guessing that what that committee is going to conclude is, you know, yeah, these numbers are high, but the numbers aren't right. It's actually running lower than than these numbers. They're going to lie about it.
Lawrence Lepard
Heard on The David Lin Report — “$7,000 Gold, $180k Bitcoin, $200 Silver; Hard Assets Go 'Ballistic' | Lawrence Lepard, published Tuesday, June 30, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Lepard Critiques Fed's Inflation Measurement and Rate Policy — Heardvine