El Erian: This is one of the worst inflation calls by the Fed ever

MarketsInsider/Isabelle Lee/11-12-2021

graphic image of bank with red warning flag waving above“I desperately want to be wrong on this call because if inflation ends up to be hotter for longer, it has very unfortunate economic, financial, institutional, social, and political implications.”

USAGOLD note: A clear warning and unusually blunt criticism from the normally staid Cambridge economist ……

 

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