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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