The Fed Will Stick To Its Waste-Laying
Real Vision: Finance & Investing
00:00
The Fed's Attempt to Control Structural Inflation With Cyclical Measures Is Not Going to Work
"The Fed's attempt to control structural inflation with cyclical measures is not going to work," he says. "We're doing the opposite of supply side measures, which what we actually need are all fiscal measures" The more monetary policy was deflationary for 40 years, John MacIntosh argues; now it's creating a 'structural' problem.
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