MacroVoices #333 Harley Bassman: Inflation, Bond Yields, VIX vs. MOVE, Demographics & More
Macro Voices
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How Far Can the Fed Rake Rates to Fight Inflation?
"I think rates can go a lot higher than what people it the markets pressing inror," he says. "The only tool he really has is interest rats, and thats he'sgoin to gon do." The Fed could print money but that would just make things worse for those who are already suffering from joblessness or high mortgage costs. It will not have a crash because we have much tighter credit standards now, John Sutter argues.
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