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Liquidity Spiral In The Bond Market Is Causing "Tremendous Stress" | Jim Bianco
Forward Guidance
Are We Going to Have a Recession?
Bob Greene: In most recessions, inflation goes down sharply during recession. He says that didn't happen in the 70s and we're going to have persistently high inflation. We need to transition to a new type of world, he says. This is why markets are doing with the stress they've seen so far this year - it's because things are changing," Greene says. "We want to have an argument about whether or not we are actually in a new era"
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