Why DeFi Will Overtake TradFi | Jim Bianco
Empire
00:00
The Pain of Inflation Is Worse Than the Pain of a Bear Market
The pain of inflation is, it's worse than the pain of a bear market. I think ultimately the fed is going to pick fighting inflation. The market is pricing in six or seven rate hikes for this year. By the end of the year, the il kurve will probably be inflatedsker inverted and we'll be talking about whether or not they've hiked into a recession. If the inflation rate continues, you're going to have a complete wipe out of the democrat party in november. They're going to bring back seventyes, price controls. Every time every time price controls has been implemented, it creates all kinds of economic upheaval. But they're desperate, it
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