Powell Raises Rates To A 22-Year High, Is This The End? | Jim Bianco
Inflection Point
00:00
The Fed's Interest Rates and Supply Chain Disruption
Jim Boulden: It's like using an axe to cut, you know put butter on bread or like a lobotomy to cure the patient. And then Jim we're just getting the worst of both worlds right there are these supply and demand problems where in this post COVID world where the old equilibrium based on the supply chain that existed has been disrupted. That is what is causing the inflation," he said.
Play episode from 45:28
Transcript
