What's Driving Fed Policy? w/ Jim Bianco
Real Vision: Finance & Investing
00:00
The Fed's Argument for a Work From Home Economy
Jim Boulden: Why is a structurally different economy more inflationary at least right now? He says it's because we're simultaneously getting gluts and we're getting shortages. We've got a lot of goods and we've seemed to have a shortage in services, which is why we have such high services inflation. That will be both a structural problem and then eventually a benefit for the U.S., he says.
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