Kyle Bass on why the Fed will fail + the real reason why China’s locking down its people
CNBC, Released on 4/27/22 Part 1 (part 2 below) "Clearly the Fed overcooked it–they overdid this. When you make 40% more money the price of everything goes up about 40%. Now they are trying to unwind that," says @jkylebass on #inflation. "I don't think they'll get very far." pic.twitter.com/1TRdCctUe5 — Squawk Box (@SquawkCNBC) April 27, … Read more