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Powell thinks he can raise inflation with low interest rates. He can’t.

Summary:
Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286

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Powell is frozen in the central banker mindset, which is a backward understanding of rate adjustments and inflation. If low rates worked to bring inflation higher, Japan would be experiencing hyperinflation by now.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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