Part 8/13:
The core dilemma: should the Fed raise interest rates to curb inflation, risking a market downturn and soaring mortgage costs, or continue fostering cheap credit at the cost of future instability? The consensus among the speakers is that raising rates too soon could cause a severe economic correction, but not acting risks inflation spiraling out of control.
They discuss the idea of "quantitative tapering," where the Fed would slowly reduce bond buying. This could ease inflation without shocking markets, helping avoid a repeat of the 2008 crash. However, political pressures and entrenched economic policies make decisive action difficult.