Comments by "Daniel Bradford" (@Falconlibrary) on "Historic Week of Bank Turmoil" video.

  1. The Fed had to choose between fighting inflation or protecting rich people's assets. Powell protected rich people's assets. The fight to lower inflation is over for the rest of this decade. Learn to live with double digit inflation for the foreseeable future. Inflation will be 10%+ before 2023 is over. Rich people like inflation because inflation raises the value of their assets and makes their debt cheaper to carry and to repay. Inflation is ruinous for the rest of us, but the Fed doesn't care about us. Never has.
    2