The Fed's Inflation Battle Is Doomed to Fail: Fabian Wintersberger

A 'highlight clip' of actionable items from this podcast was released to premium subscribers on Oct. 10. Become a premium subscriber by signing up here or on our Substack to take advantage of this and a host of other benefits.

Fabian Wintersberger joins the podcast to discuss his views on the economy, inflation, and Fed policy.

Content Highlights

• The Fed will not succeed at bringing inflation down to 2%. There will be no soft-landing for the economy (2:48);
• Interest rate hikes will proceed until something breaks in the real economy, forcing the Fed to reverse course (5:04);
• Bond yields: We haven't seen the highs yet (8:16);
• Background on the guest (14:10);
• The situation in Europe. Central banks have no choice but to follow the Fed higher (16:38);
• The situation in Wintersberger's native Austria, which faces an unprecedented winter with dramatically higher energy costs (18:55);
• Austria has historical ties to Russia, including in its banking sector, where one institution still has business in the country... (23:27).

More on the Guest

• Twitter: @f_wintersberger;
• Substack: The Weekly Wintersberger.