The real reasons why inflation soared last year (with Ira Regmi)
Pitchfork Economics with Nick Hanauer
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Is the Federal Reserve the Only Tool?
We need to make our domestic economy a little more resilient so that we can handle these inevitable black swan events when they happen. We should have chip manufacturing back in the U.S., masks and testing equipment, cotton swabs in the United States. These are the things you do to fix this global supply chain. And one final comment about the Federal Reserve. I understand that they have limited tools. When all you have is a hammer, everything looks like a nail. But that hammer is the Federal Fed. It shouldn't be the Federal Reserve itself shouldn't be our only tool.
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