The 128 Month Economic Expansion

The Fed made a huge move last week that no one is talking about. They added $300 billion to their balance sheet in just one day. Powell has used both strategies, which is kind of off and a little bit weird. The challenge he's got is the following: Bernanke had a crisis with low inflation, 2 to 4%. Volcker had inflation with a low debt to GDP ratio,. 30 to 40% Debt to GDP ratio. That was his strategy. You know what Powell says? Powell is dealing with high inflation and high debt to GDP. He's got both of their problems at the same time happening. What do you do when you have 6 to 9% inflation and 100