Powell about inflation

“Weekly Inflation Outlook: Time To Be Wrong More Slowly” “We’ve lived in that world where inflation was not a problem. I think we understand better how little we understand about inflation.” http://www.investing.com/analysis/weekly-inflation-outlook-time-to-be-wrong-more-slowly-200626637

Powell’s “Soft Landing” Is Impossible

by Daniel Lacalle via Mises After more than a decade of chained stimulus packages and extremely low rates, with trillions of dollars of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, the idea of a controlled explosion …

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How could Jay Powell possibly get reappointed to the Fed after overseeing the most horrendous Federal Reserve Policy in History in the midst of intentionally crashing the markets to clean up his many errors?

How could Jay Powell possibly get reappointed to the Fed after overseeing the most horrendous Federal Reserve Policy in History in the midst of intentionally crashing the markets to clean up his many errors? — Paranoid Bull (@paranoidbull) May 13, …

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