The Importance of Holding Off on Inflation

I think it's uncertain what's going to happen with inflation, and you have to lock it in for five years. And I think the Fed's ability to keep raising rates has been hampered. We may just have to tolerate a little more inflation for a while to get it under control without a severe recession or financial crisis. So I'm holding off. If that's of interest, anyone, I'm holdingoff. Well, I've told the listeners to hold off as well.

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