El-Erian: This Is One of Worst Fed Inflation Calls Ever

Do you really believe the FED hasn't known this all along??? Of course they do, but they know (with gov pressure) that inflation is needed to wash away run away debt. They are going to let it run for for as long as possible!

Federal reserve got crazy with the money printer

The FED pumped 10 trillion into the market, what did they think would happen 😳

The Fed does not go to the grocery store

Strap in because this is going to be one hell of a deleveraging event.

They just can't pay of all this debt. Clear as day.

Peter Schiff quote "If the Fed even tried, it would have to surrender. It would lose. It’s probably just not even going to enter the ring. And inflation will just win the fight by default"

Powell, Mnuchin and Yellen (aka the 3 idiots), should be banished from DC and any central bank or budgetary discussion. They've become an overwhelming part of the problem.

If you calculate today's inflation with the formula they used during 78-82, we'd have a rate of 14% inflation.....

Mohamed, we appreciate the knowledge and ethics you bring to the field. I always enjoy hearing what you have to say about investing. Thanks so much for what you bring to all of us.

The FED has had the window since 2008 to avoid this scenario but they got hooked on the heroin monetary stimulus. The pandemic was the black swan they didn’t anticipate. They are now trapped. No significant tapering or rate hikes. Inflation is here until some reset of some type

Powell will go down as the singular worst fed chairman of all time. 2018 and now this

Congress to give Powell a bonus for exceeding their expectations in making rich, filthy rich and making poor, dirt poor.

we cant possibly repay any of the debt back and we sure cant pay any higher interest without taxing. Inflation is another form of taxation. If the fed raises rate, they will bust this bubble economic recovery. inflation or market crash. The fed has no choice but keep on the "transitory" theme. This is a house of cards!

I hope he’s wrong, but I think he’s right🤦🏻‍♂️

Worthless Fed leadership here in the USA. The $hit has yet to fully hit the fan too...

I wonder if developed country investors need to change their mindsets. Currently they assume that they are operating in an environment of stable currencies, fiscally responsible governments and central bankers who prioritise the stability of the long term purchasing power of their currencies. Suppose instead much of the developed world is regressing to that same environment as Latin America of the past - i.e. economically populist governments, outright monetization of fiscal deficits, unstable inflation. So far our central bankers act as if they are blind - their actions are effectively the same as monetization of fiscal deficits yet they claim the sudden resulting growth of the money supply has nothing to do with the higher inflation that is occuring. I wonder why anyone still believes what they say?

164 containers cargo vessels waiting for unloading in California sea ports takes one or two vessels per day for unloading

Exactly: the lack of awareness of supply side pressures and the stimulation to demand has made me think the people running the show are clueless---at least from my perspective on the economic floor. I glad someone up there gets it.

real estate or the stock market which is the best investment?