Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang
Forward Guidance
00:00
The Role of Rates in Curbing Inflation
If rate hikes really do nothing to curb inflation and they actually accelerate inflation, that just seems to me like such a kerosene on the fire moment. I've always dismissed a sort of hyperinflation case, but if there were a world in which we would get over 10% inflation, it would have to be along those lines, right? It would be very revolutionary.
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