3min chapter

Superinvestors and the Art of Worldly Wisdom cover image

#38: Danielle DiMartino Booth On The Future Of The Federal Reserve

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fed's Attempt to Create a Big Boom in Inflation

"I think that they've drank the MMT Kool-Aid. And by that, I mean that we've seen a dramatic decline in foreign ownership of US treasuries," he said. "There's a new level of hubris involved in the notion that now that there's been a blue sweep, the Fed's going to get everything it's been asking for all of this additional stimulus."

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