Thoughtful Money with Adam Taggart · Sunday, August 16, 2026
Peter Tchir expresses concern about the Federal Reserve's (Fed) data analysis, suggesting they may be making mistakes in the opposite direction compared to their post-Covid easy money policy. He argues that official CPI data was lower than real-time metrics in 2020-2021, yet the Fed maintained loose policy, and now they might be misinterpreting current data.
“And I think what's actually going to change how the Fed thinks. And I think we are going to realize that its data task force, the data task force, is possibly more has been done in years, if not decades.”
“Um, I think we look at bad data. I would point out your 2000, 2021 after Covid, you know, official CPI was lower than metrics like true inflation, lower than, you know, real-time Zillow rented things, and yet we were keeping easy money.”
“And now I think we're making the mistake in the opposite direction.”