J Powell's Fundamental View on Inflation

Powell: I'm finding right now that j powell seems to have been pushed off his fundamental view. Most of it actually is beyond his control, but that's because he chose to undergo a massive fiscal stimulus package back in march. The problem here is that the fete should't start tapering earlier. Let them taper there. They're still buying mortgage back securities. For what reason? Home prices rop 20 % year every year. Households who are renting have been crowded out of the market because of the insanity on pricing. And so the fed is once again created, as they've done so many times in the past, they created the conditions for a bubble that now