Talking Rate Hikes with David Westin
Earlier today, I joined Bloomberg television’s David Westin for a conversation about inflation and the economic outlook. With more time, I could have said quite a lot more. I’ll save it for the weekend. Happy Friday!
SK: there are other things we could be doing. We could use some help on other fronts, there's a policy lever, there are other things that we could be doing to try to tap down inflationary pressures.
Bloomberg-faint-of-heart careerist:
I best not ask what those "other things" are.
Fans of a functional organized society:
A progressive redistributive tax policy.
Windfall energy tax, along with less monopoly anti competitive behavior (gouching and disproductive financialization), Heaven forbid, the rational thinking of de escalation and diplomacy in ("unprovoked" ; - ) proxy wars...so much more.
So, glad we've so credulously relinquished central authority to bankers and their asset bubble trickery, er, trickle down.