
Yellen Says Fed Ops can just be Psych Pop [Eurodollar University, Ep. 200]
Eurodollar University
00:00
Are They Raising Rates Right Now?
Do we do something, even though it's ridiculous and absurd? Or do we just say, hey, you don't really need the fed any more because it doesn't really do anything anyway? Jeff wyarethey raising rates right now? I presume if we turned on our financial media, that the financial media would be telling us it's because inflation is very high. Consumer prices are very high. And therefore, as was the case throughout all history, what we need is to ring out the excesses of either a booming economy or there's too much money in the system which has caused these consumer price increases. Can they just do nothing just because? Ok, right now interest rates are
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