Inflation, Debt, and The Fed (Part 1) with Scott Sumner and Lyn Alden
Village Global Podcast
00:00
Is There a Political Power Game Between Congress and the Fed?
If equilibrium interest rates stay low, there won't be much pressure on the fed to inflate. But it's certainly possible that they will trend upward due to fiscal stimulus. The second is the political power game between congress and the fed. Will congress or the president be able to bully the fed into shifting towards a high inflation scenario? And by the way, i think towards the beginning, inflation would have to be much higher.
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