Comments by "Daniel Bradford" (@Falconlibrary) on "Mohamed El-Erian: Hoping the Fed delivers two rate cuts starting July" video.

  1. El-Erian is an errand boy sent by grocery clerks to deliver a message: Wall Street likes inflation because it boosts asset prices and doesn't want the Fed to fight inflation. Inflation is the most destabilizing economic force in any society, worse than a recession or depression. Just ask the Weimar Republic. FYI we aren't in the "last mile" of fighting inflation--the Fed's taking credit for supply chain blockages sorting themselves out. Its policies have done nothing.
    1