What's Driving Fed Policy? w/ Jim Bianco
Real Vision: Finance & Investing
00:00
The Problem With the Fed's Restructure of the Economy
There is a friction, a stickiness. The economy needs to be restructured. It needs to be brought up to date for the post pandemic economy. Big banks in New York are leading the charge to tell everybody, don't change anything. Inflation is a lot stickier than we think. And that when the Fed does resume raising rates and they're giving every indication they are, that they're going to keep going.
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Transcript
