Surveillance: Inflation Drivers with Stiglitz (Podcast)
Bloomberg Surveillance
00:00
The Fed Working Too Fast, Not Too Slow
Yacht, we're going to be resureeh. We have low cost supplies that are all turned throug to china, beit, nominasia,. latin america has a lot of capacity. What i worry is, on the other side, that the fed works too fast and too much. It takes about 18 months for the full effects of monetary policy to be felt. That will be a strong disimulationary force. Food prices will come down. There are already signs of that. And so again, we have a back stop here.
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