Hari Krishnan - Market Tremors & Tail Hedging (S5E11)
Flirting with Models
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Is It Possible for the Fed to Control Inflation at All?
I think this is what you were alluding to in our pre call when you said that it was theoretically impossible for the fed to even control inflation at all. And i think that's counter to a lot of the narrative, which is about ken the fed ultimately break the back of inflation and and engineer a smooth landing. I mean, obviously it seems like profound implications of your belief that perhaps that's not possible. Well, i can only accuse the fet of hubris, not of doing the wrong thing all the time nowadays. But if the problem really is as i have said it out, which is that the control problem has no solutions giveen this current state, again, putting my
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