The Fed had a chance to act. They didn't. Now, we're staring down the barrel of recession...
@DiMartinoBooth & @biancoresearch join forces to explore the fate of the π economy as #inflation rips across the planet & central banks try desperately to tame it.
𧡠π
@DiMartinoBooth & @biancoresearch join forces to explore the fate of the π economy as #inflation rips across the planet & central banks try desperately to tame it.
𧡠π
Let's start at the beginning... @DiMartinoBooth talks about what it was like working at the #Fed.
"It caused me to write a book."
"It caused me to write a book."
The Fed was not able to generate inflation. Fiscal spending on the other hand, well, that's a different story...
"...You inject that kind of money directly into checking accounts, you're going to generate the mother of all inflations." @DiMartinoBooth
"...You inject that kind of money directly into checking accounts, you're going to generate the mother of all inflations." @DiMartinoBooth
What happens if the political tides change just as the economy turns south? Can we expect a new wave of fiscal spending?
"My short answer is yes. Congress is spineless..." @DiMartinoBooth
"My short answer is yes. Congress is spineless..." @DiMartinoBooth
πGlobal #Recession: Is Everyone Wrong?π
@DiMartinoBooth & @biancoresearch on everything from how policy errors got us into this #inflation mess to housing, $USD, credit risk & the fate of the π economy.
Watch the full series for $1
π UNMISSABLE π
rvtv.io/3wyKYGG
@DiMartinoBooth & @biancoresearch on everything from how policy errors got us into this #inflation mess to housing, $USD, credit risk & the fate of the π economy.
Watch the full series for $1
π UNMISSABLE π
rvtv.io/3wyKYGG
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