Comments by "Daniel Bradford" (@Falconlibrary) on "It would be premature for the Fed to stop raising rates, says fmr. Fed Vice Chair Randal Quarles" video.

  1. This is what Michael Burry predicted: the Fed would stop raising rates before inflation has a stake through its heart--inflation will spike again, the Fed will panic and tighten rates and BOOM! We get the worst economic downturn since the 1930s. Fasten your seatbelts, it's gonna be a bumpy ride.
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  2. Look who's being interviewed: some rich guy sitting in a palatial home, working remotely from Utah. Guys like him are the only people who matter in this country, the only ones who influence policy, the only ones who can speak and be heard. The rest of us are invisible. I don't know why people don't seem to grasp that: the Fed's economic policies are designed to keep the top ten percent of wealth holders wealthy. Period. There is no other goal. Any other good is a coincidental byproduct.
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  3. That's the thing about free money: it's like eating potato chips. Hard to stop once you start.
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  4. Naw, why not have the economic damage of high rates AND a return of inflation? Worst of both worlds! Heckuva job, J. Powell, heckuva job.
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  5. Inflation doesn't really affect the rich and the news channels reflect the POV of the top five or ten percent wealth holders, not the rest of us slobs. We're just pawns.
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