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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "'Bloomberg The Open' Full Show (03/22/2022)" video.
Fed's credibility is waning. And they will be forced to regain it as inflation expectations kills consumer sentiment.
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We're beyond saving growth and tolerating inflation longer. Inflation is now becoming embedded in everything. As price of fuel seeps into cost of everything.
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Restart of the economy does need stimulus. Without it, economy cannot sustain any growth. Fiscal stimulus. You pumped trillions in the economy. And now stopped. Consumers cannot handle rising prices and reduced liquidity.
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