The Fed Is Trapped: Why Double-Digit Inflation Is Inevitable | Lawrence Lepard
“The whole goddamn thing is a charade… finger in the air, wild-ass guess, total gaslighting and bullshit.”
In this episode, Lawrence Lepard is back on the show to explain why the Fed is trapped between persistent inflation, an accelerating sovereign debt crisis and a financial system that cannot withstand genuinely tight monetary policy.
Lawrence breaks down the Fed’s retreat from forward guidance, why its new playbook gives policymakers cover to change course without warning, and why he believes today’s hawkish stance will ultimately give way to rate cuts and more money creation.
We also…
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