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The Fed's Failure to Create Inflation
Jesselyn Ifill: It's astounding to me that with this particular risk out there of just opening the door to hyperinflation, which I don't think it's better than even odds or anything. In the last year we've seen the Fed increase tremendously its purchases in the tips market because it couldn't get this inflation's going to run hot and we need to introduce a new regime. She says people tapping yields can get to be a fool's game if inflation really becomes unhinged.