Powell Will Not Be Able to Slay the Inflation Dragon Like Volcker Did.

2개월 전

Today we will look at why the current debt load, unfunded liabilities, and financial markets leverage will make it very hard for the Fed to engineer an economic soft landing and rein in inflation at the same time.

Our conclusion is that the Fed and Congress will keep the monetary and fiscal spigot going. As Richard Russell once said: "inflate or die."

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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