2: On inflation and uncertainty
Onward, a Fundrise Production
Is the Federal Reserve Going to End Up Breaking Financial Markets?
When we're talking about the financial plumbing, well, just like regular plumbing, it's often hard to see. It's quite opaque. And so the ways in which it might break can also be a little bithard to see. But I also think it's worth restating what you just said. This idea that when the Federal Reserve removes some of those policy with the aim of lowering inflation, well, is it going to end up breaking something else? Will it lead to some other kind of consequences in financial markets that are just very hard to see in advance precisely because these things are just hard to anticipate?
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