Can the Fed Achieve Lower Levels of Inflation Without a Financial Calamity?

The economy in a way is putting up the two fingers to the Fed. Every single day means you've got to pay back all the money you borrowed a couple of years ago. So if you can't refinance it, what do you do? The vultures and sharks of the business are now beginning to circle again. They're waiting for assets to fall and they're going to pick them all up.