Comments by "John Dingle" (@johndingle6293) on "Larry Summers: Fed Faces Political Pressure" video.

  1. Nothing like eroding Fed credibility to prop up markets. While ensuring further hiking down the road.
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  2. Currency differences will drive inflation to the weakest resistance. Dollar goes down? Inflation comes back. Dollar goes up? Inflation gets exported to weaker currencies.
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  3.  @ssuwandi3240  we will have more inflation. And middle class squeeze is coming
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  4. Fed knows all this. They know inflation is baked in. They're just trying to manage it. You can't destroy inflation. You can divert it, suppress it even. But it's there and not going away until equilibrium has been reached with increased monetary base.
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  5. Inflation not going down. Still lots of inflation in system. Fed was able to export it to some weaker currencies. E.U. looking at 10% inflation. Meanwhile it was U.S. that drove up demand and inflation with bigger monetary base.
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