The Fed's Inflation Battle Is Doomed to Fail: Fabian Wintersberger

A 'highlight clip' of actionable items from this podcast was released to premium subscribers on Oct. 10. Become a premium subscriber by signing up here or on our Substack to take advantage of this and a host of other benefits. Fabian Wintersberger joins the podcast to discuss his views on the economy, inflation, and Fed policy. Content Highlights The Fed will not succeed at bringing inflation down to 2%. There will be no soft-landing for the economy (2:48); Interest rate hikes will proceed until something breaks in the real economy, forcing the Fed to reverse course (5:04); Bond yields: We haven't seen the highs yet (8:16); Background on the guest (14:10); The situation in Europe. Central banks have no choice but to follow the Fed higher (16:38); The situation in Wintersberger's native Austria, which faces an unprecedented winter with dramatically higher energy costs (18:55); Austria has historical ties to Russia, including in its banking sector, where one institution still has business in the country... (23:27). More on the Guest Twitter: @f_wintersberger; Substack: The Weekly Wintersberger.