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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "El-Erian on What Two Things Could Shake Up the Market" video.
Powell should step down and hand off to Bullard or Rosengren - Greenspan to Powell has lead to the rise of the modern oligarchy and policies that exist to hide price discovery and protect the capital of oligarchs. The Powell / Yellen side does not grasp or care about monetary policy they are politicians; no one wants their great reset garbage - negative rates - bite the bullet and raise rates. Lets take the depression over the next 2 - 3 quarters in order to return to free market capitalism. Central planning from bailing out LTCM to QE has decimated the real economy - we need Paul Volcker back. And that overwhleming evidence has been priced into the bond market for a while.
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