Comments by "Daniel Bradford" (@Falconlibrary) on "The Fed should hike interest rates by 50 basis points next meeting, says Harvard’s Jason Furman" video.

  1. Three things: 1. Should've raised it 50 bps at the LAST meeting. How can the Fed misread the data this badly? 2. The Fed won't raise by 50 bps at the next meeting because the free money addicts on Wall Street will throw a tantrum, and Powell has made it clear THE MARKET is his only real concern. 3. I said a year ago the same thing I'm saying today: Powell is Arthur Burns, not Paul Volcker. Powell's slavish obedience to THE MARKET and his innate timidity in fighting inflation have doomed us to a DECADE of stagflation--worst of all possible worlds. That's all.
    10
  2. I see six jobs that could be eliminated in the economy just in this one video.
    4