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Source of earnings growth will be telling for inflation expectations, says DCLA's Sarat Sethi
5:40
YouTubeCNBC Television
Source of earnings growth will be telling for inflation expectations, says DCLA's Sarat Sethi
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss Sethi's take on the Federal Reserve minutes, if inflation should no longer be on the Federal Reserve's purview and much more.
3.8K views6 days ago
Shorts
Milton Friedman on the root cause of inflation: It's always about the money supply. The Fed let it collapse by a third during the Great Depression—disaster. They learned that lesson, but then made the opposite error: expanding the money supply too aggressively. The fundamental problem? Central banks keep confusing their mission, fixating on interest rates instead of their actual responsibility—controlling how much money exists in the economy. | Free To Choose Network
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