Minerd Says 'Divided' Fed Will Compromise on Taper

The video discusses the Federal Reserve's current situation, focusing on the division within the Fed and the upcoming meeting's potential outcomes. It covers the Fed's tapering plans, the impact of employment figures, and the likelihood of interest rate hikes. The discussion extends to fiscal policy, future stimulus, and the implications of taxation on economic productivity. The overall economic outlook suggests a cautious approach to rate hikes, with a focus on stabilizing prices and addressing supply chain issues.

What factors might prevent the Fed from implementing a rate hike in 2022?

In what ways does the speaker believe the fiscal stimulus during the pandemic was unprecedented?