Gopanath warns that while government so far have been mostly able to bail out, interest rate hits to banks increased. Gopanath: "Bailout trillions take inflation back towards double digits" She says central bankers may not actually be able to end this inflation with conventional rate hikes.
In this Episode:
- Bloomberg: Real Estate is a “Debt Time Bomb”
- Our Independence in Exile
- GDP could be overstated by 3%
- IMF worries inflation Can’t be Stopped
- Manufacturing falls for 8 Months Straight
- America’s “Fiscal Death Spiral”
- Biden’s McJobs Economy
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