Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "Central Banks Should Not Move Aggressively: Pimco's Sundstrom" video.

She’s just worried about her client’s long positions in equities and risk assets. She isn’t really concerned about how badly inflation is hurting people.
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All Scammers Here.
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The supply chain issues aren’t the fundamental problem. It’s high food costs, high rent, and high energy costs, which is mainly driven by a labor shortage that has resulted in rapidly rising wage costs for companies and effects the cost of everything. The only way to bring those costs down is by raising interest rates which will cause an economic contraction. Unemployment will rise, mortgage rate will rise, wages will come down, buyer demand for homes will come down, and energy costs will fall. Then all those other cost of living items will come down too.
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@meh4770 watch the video on this channel with the Man Group CEO from earlier this week. He explains that the only way to stop inflation is to cause a contraction and, thus a recession where unemployment rises and cools things off. He also says these small hikes being talked about, then wait and see, as the Fed is planning to do, will have no effect on inflation and in fact only lengthen the pain. He also says that the economy will likely just shake it off and keep going if the hikes are small and that the inflation problem won’t ever get resolved. You need a short term Volcker style move. Yes, it will be painful, but the alternative is stagflation which will end up being even worse. This is simple macro economics.
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@jchien 11 times since 1914 inflation has risen above 5%. In 8 of those instances it resulted in recession and in the other 3 instances there were wars and a depression going on. So it seems the future fate of this economic cycle is sealed. There are no soft landings from what the Fed has done with all the free money handed out over the last 2 years. And history tells you that when inflation rises above 5% it always results in a serious recession.
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