The Fed Is Making A Big Mistake | Jim Bianco
Get ready for more inflation...
Some analysts fear the coming year could be pretty gruesome, as a slowing economy becomes compounded by rising unemployment, right as tapped-out consumers buckle under the high cost of living & rising debt delinquencies.
The Administration however, projects a much more confident outlook.
One of booming economic growth, contained inflation, lower taxes, more jobs and meaningful government cost containment.
Which future is more likely?
To discuss, we have the good fortune today to welcome back to the program Jim Bianco, President and Macro Strategist at Bianco Research, LLC.
Jim is concerned the Fed is stimulating when the economy doesn’t need it, risking persisting inflation ahead.
To hear why, click here or on the video below:
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Adam’s Notes: Jim Bianco (recorded 12.29.25)
Jim Bianco identifies reduced immigration and contracting U.S. population growth as the dominant economic theme for 2026, arguing it lowers the need for job creation and makes current low job numbers acceptable, potentially leading the Fed to overcut rates and fuel inflation.
He views inflation as sticky around 3%, unacceptably high by historical standards, driven by persistent government spending, fiscal deficits, and a K-shaped economy where the top 10% drive growth through asset ownership.
Bianco is optimistic about
