The Importance of Transparency at the Fed

Powell didn't admit that it was Fed policy. He could have said, you know why we have so much inflation because the guy sitting next to me created all the inflation long before I got here. No, he's not blaming Bernanke. He's not accepting any responsibility himself for all the money that he printed while he was there. That always pointing fingers, never accepting responsibility. They're actually very opaque, right? Because they're covering up what they're doing in a cloud of lies.