2min chapter

Forward Guidance cover image

Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang

Forward Guidance

CHAPTER

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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