Why Another Volcker Can‘t Save Us This Time

With inflation running out of control, many are expecting the Federal Reserve to start raising interest rates soon. After all, back in the 70's Paul Volcker got inflation under control by jacking up interest rates to sky high levels. But the situation in the 70's was far different than it is today. To understand why, you have to look at all the factors including total debt, debt as a % of GDP, and the cost of servicing that debt. In short, the Fed is trapped.   Get Your FREE $100 of Bitcoin: https://itrust.capital/heresy