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jumanji0881

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jumanji0881

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Monday, 06/13/2022 3:24:16 PM

Monday, June 13, 2022 3:24:16 PM

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El Erian: Inflation "Could Have Been Avoided" If Fed Had Acted Earlier
https://www.zerohedge.com/economics/el-erian-inflation-could-have-been-avoided-if-fed-had-acted-earlier

My Comment: Perhaps if the Fed had acted by letting the economy have a real recession 10 years ago by not flooding the economy with liquidity, but El Erain is talking about the Fed's failure to quell inflation within the past year and I do not agree with him. The Fed does not control supply which driving inflation.
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