>> Economic alarms are blaring... >> The Fed is trying to stop inflation... >> To those who point to the FED and say, you ran it too hot, you say what? >> With the benefit of hindsight, I wish we had tightened sooner. >> While higher interest rates will bring down inflation, they will also bring some pain to households... >> We'’re now heading into what will be a new economic era... >> It really is difficult to overstate how important this story is and how much it matters.