"The #Fed has been trying to ride 2 horses with 1 a$$..."
Short video 🧵 from our latest interview with @LukeGromen & @TaviCosta on how the Fed may be forced to back off its tightening cycle, inject new liquidity into an inflation spike & allow CPI to run even hotter...
"There is nothing more inflationary than a highly indebted government seeing rates rise..."
"They're going to have to finance this again & let that 8% CPI last year, run 8-10-12-15% CPI for the next 5 years. And then they can think about tightening..."
"I think ultimately we're in the early days of a vicious sector rotation..."
"...The Fed is going to be forced to print money into an inflation spike..."
More on the Fed riding 2 horses with 1 a$$...
"We're increasingly moving toward some sort of compressed super #inflation cycle in the US... where we have 3 years in the US of 100% - 200% inflation & debt/GDP is back to 40% & the #Fed takes Fed funds back to 5%..."
"The US isn't going to be #Japan. The US is going to be the US with Argentinian characteristics..."
Check out the full interview 👇
rvtv.io/3jd53MA
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