Is the Fed Going Solid on Inflation?

I think the Fed needs to go hard on inflation I think it needs to tighten and engage in more quantitative tightening. If the banks if the whole banking system has serious problems as a result then we're going to have to address that. We may need capital injections into the banks and a restructuring the banking system because either you know you've got to deal with inflation or there will be very serious political instability.