Mike Mish Shedlock, an investment analyst and economic writer, joins Andreas Steno Larsen to discuss the challenges of reaching the Fed's 2% inflation target. They explore the impact of fiscal stimulus, quantitative easing, wage increases, and rent prices on inflation. They also analyze the Federal Reserve's influence on housing, the Biden administration's policies, and concerns about mineral dependency for EV production. Factors like healthcare costs, fiscal problems, and global decoupling contribute to potential inflation above 2% in the US.
