What Will Happen if the Fed Raises Rates with Danielle DiMartino Booth
Inflection Point
00:00
Are You Worried About the Spectre of Inflation?
The Fed has become more hawkish in its approach to monetary policy. Daniel Treisman says it's because of a lack of balance between inflation targeting and the minimum unemployment rate. He argues that when you put money directly into people's hands, they're going to get inflation. The irony is that since ben bernanke imposed the inflation target of two % back in two thousand twelvehat, the fed couldn't find inflation with a road map.
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