Forecasting the Moves of The Fed with Barry Habib (WiM282)
The "What is Money?" Show
00:00
The Fed's Reluctance to Drive a Boat, a Ship, Et Cetera
It seems like everyone is anticipating some form of recession and then holding some liquidity on the sidelines. Jerome Powell is probably going to go down as one of the worst, if not the worst, Fed chair. He does not want to make the, let's call it a mistake, of allowing inflation to do what it did in the 70s. And he's paying very close attention to where inflation appeared to be tamed, but then it came up again.
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