Markets Not Prepared for Fed Hikes: Wharton's Siegel

The video discusses the ongoing inflation, predicting a 20-25% cumulative rise over a few years. It highlights the significant growth in money supply since the pandemic and the Fed's potential actions to curb inflation, such as raising interest rates. The discussion includes historical comparisons and the challenges the Fed faces in managing the economy without causing a shock.

What warning did the speaker mention regarding money supply growth?

How does the current money supply compare to historical averages?