The Fed's Decision to Stop Inflation

We have had rampant monetary inflation for the better part of 30 years that has gone into asset prices. We, the leadership decided to put money in the hands of the people because they were hurting. And it was a big amount of money. But here's the lose, lose to that is now that inflation is somewhat entrenched. It's going to take a while. This is a Fed's job to take it away. Every lesson of history points to this being a severe recession. They're all on the back of massive liquidity. We got the biggest pump ever that dumps. We're getting the biggest dump, the highest velocity dump ever.

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