"...the Fed has a responsibility to eventually unburden the world of its unsustainable debts, starting with the US." The Fed doesn't have a snowball's chance in Hell of doing that! https://www.zerohedge.com/markets/e...ontrolled-inflation-maintain-market-stability
This guy is really not wrong on his fundamentals and analysis. He understands a lot of the money in banks isn’t moving in the economy so it’s being “hoarded.” Where he is missing the Mark is on his timeline. If I am right, inflation will putter out in the next 6 months or so as economies open back up and supply lines start moving dependably. Then the fed won’t be controlling inflation, as this guy poses, it will be fighting deflation. And that is the danger.