Wall Street Unplugged - What's Really Moving These Markets cover image

The biggest mistake the Fed can make right now

Wall Street Unplugged - What's Really Moving These Markets

00:00

The Fed's Control Over Inflation

The Fed can't be there to backstop the market anymore, he says. If you continue the bailout, it's going to result in inflation skyrocketing again and then the Fed totally loses control. When you have inflation, they have no control. They need control. That's why the folks on inflation will deal with a couple of banks going out of business as long as the main ones are fine.

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