CPI Runs Hot--Are We Headed For Stagflation?
Real Vision: Finance & Investing
00:00
Is the Fed Really Trying to Control Inflation?
"We've gone from anything that resembles normality till we've jumped the shark. And there's no way you're going back of the game without blowing stuff up," he says. "The what they want is inflation, so they can inflate away the debt." But if the market catches on then and yields rides, then real rates will rise as well,. He adds: 'I'm sure they can change the rules'
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Transcript
