Minerd Says Fed Is Inflating the Asset Bubble Even More

The transcript discusses the Federal Reserve's role in managing inflation above its 2% target and the challenges of doing so without creating asset bubbles. It highlights the ongoing economic inefficiencies and the potential difficulties in maintaining current interest rates. The discussion anticipates significant tradeoffs by 2023, emphasizing the complexity of balancing inflation control with economic stability.

How does the current inflation rate affect the Federal Reserve's ability to achieve its target?

What implications does the asset bubble have on future investments according to the text?

What does the speaker predict about the economic situation by the year 2023?

What are the potential challenges the Federal Reserve may face in maintaining interest rates?

In what ways might the Federal Reserve's policies lead to the creation of asset bubbles?