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MacroVoices #311 Jim Bianco: Has the Fed Signaled a Policy Error?

Macro Voices

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The Questioning Is Begun With M MT Crowds Argument

Inflation is a very, very difficult animal to understand. It started with a big new york times magazine article about two weeks ago talking about whether or not m m t is one. So the debate his begun, and i think it ultimately ends with them being just next theory that goes down the drain. And they'll be replaced by another theory. Another pro government type of theory that comes along as far as inflation goes. The other problem with politics. Let me draw it. I said, no way. Joe mansion of west virginia, 50, 50 senate. He's not going to vot for any more stimulus. Kurston cinema of arizona, probably not going to vote

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