The Fed's Zero-Sum Game in the Debt Ceiling Crisis

Stefan Molyneux: Does the Federal Reserve face a form of a zero-sum game here where either it goes after inflation with increasing rates or it helps the banks by not increasing rates or even cutting rates? He says we've got to a point, though, where the Fed and other central banks are so keen to persuade us that they're not going soft on inflation as a result in response to these concerns around the banks. We think it's more likely to be another one that you will see a pause in the summer because they have other, that they're allowing their balance sheet to run off after June. And finally, Stefan, let's not leave Europe out of it.