4 ms·
There's no guarantee Jerome Powell will always be the fed chair (and if inflation really gets out of hand he could just be the fall guy). But the bigger proble
by harambae 5y ago
There's no guarantee Jerome Powell will always be the fed chair (and if inflation really gets out of hand he could just be the fall guy).
But the bigger problem is that in an inflationary environment, real assets get bid up high to compensate. This has already happened in housing (clearly) so you're late to the party. If you knew for certain that inflation was going to get to this level before everyone else, maybe it would have been a good idea to do what you're describing.