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Michael Howell: Can The Fed Keep Raising Rates During A Banking Crisis? | Michael Howell
Forward Guidance
What's the Transformation of Risk?
Yellen said that they're not considering coming in and guaranteeing all bank deposits. So there is some limit in terms of what they're willing to do. The federal reserve creates monetary inflation or monetary deflation. But if you look at high street inflation, high street inflation is a cocktail of monetary inflation and cost inflation. America is the cleanest shirt in the laundry here for sure but there's a it's still got problems.
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