FOXNEWS Cavuto Live August 7, 2021 14:07:00
Overstimulating the economy. so what does that leave the fed with, well, that goes to interest rates now. when you start to raise interest rates, that has a dramatic impact on what happens. remember back when we had hyperinflation back in the carter years, well, paul baulkner what the fed chairman had to do back then was actually throw us into a recession with interest rates in order to stop inflation. that's how important it is not to have a hyperinflationary period. neil: i remember from inflation and before that, opec inflation in the 70's, the fact is that inflation and this kind of a thre...
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