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#12: Danielle DiMartino Booth on Why The Fed Is Bad for America

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Fed and the Fed: Why They Should Start Raising Interest Rates

Jesse Jackson: I spoke to William White on the podcast about a month ago. He was one of the few people saying, no, you know, this demographics and these debt issues are all looking like they're coming to an inflationary head sooner than most people see. And so to me, that's something that maybe even the Fed is thinking about that coming to pass sooner than anybody else. It's also why they need to start raising interest rates. They could quickly find themselves far behind the curve and that could be problematic for me.

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