The Federal Reserve is not serious about bringing inflation down to 2.0% as they are more concerned with propping up markets, helping banks, and monetizing national debt.
"I believe that they're more concerned about propping up the markets, throwing a lifeline to the banks, and monetizing our national debt. I mean, how can you make the argument that they're serious about fighting inflation when the rate of inflation is above target and they're cutting interest rates and printing money? I mean, that doesn't seem too serious to me, but I want to tell you what their argument is."