The Fed's Strategic Move Counter-Move Perspective

Daniel Booth: The Fed is under unprecedented attack and is being railroaded politically into a situation where it could lose its lose everything while it's trying to retain its credibility. He says they made a fundamental mistake, which is assuming that they could raise interest rates as fast as they could without impairing the banking system. Daniel Booth: I think he did it on purpose. Do you think they want to bankrupt? Yeah.