Danielle DiMartino Booth: The Fed's Sins Are Finally Going To Catch Up With Us In 2024

Forget inflation. Deflation will be next year's boogeyman.

Many of the guests appearing on this program recently, though perhaps none more than I, have warned that the Lag Effect will eventually catch up with the economy.

That the tighter monetary conditions, the higher cost of capital, the rising lending standards -- are all increasing the gravitational force pulling downwards on economic growth.

That at some point, "something important, or multiple somethings, will start to break.

Is that indeed the likely scenario from here?

And if so, is 2024 likely to be the year the Lag Effect arrives in force?

To find out, I speak here with Danielle DiMartino Booth, CEO & Chief Strategist for QI Research LLC and author of the book Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America.

She agrees that the Lag Effect will finally matter. And that it will pull inflation down not only below the Fed’s 2% target, but to the point where deflation becomes the prevalent concern.

To watch my discussion with Danielle, click here or on the image below:

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