Kevin Worsh served as the Fed governor from 2006 to 2011 during the Great Financ...

…So, thank you so much. And also, big thank you to Rocket Money for sponsoring this video, but more on that later. All right, so in terms of where to start, all of this begins with the one person the markets fear the most, Jim Kramer. No, just kidding. It's the new head of the Federal Reserve, Kevin Worsh. Why? Well, Kevin Worsh served as the Fed governor from 2006 to 2011 during the Great Financial Crisis while the Fed was creating government bailouts, market back stops, and essentially trying to keep the entire financial system from falling apart. However, critics say that back in 2008, Kevin Wars was worried that stimulus would be too much. He wanted to keep interest rates higher for longer and he warned about the chance of runaway inflation back in 2010. Even though for the decade that followed, inflation remained historically low. From there in 2011, despite Kevin War saying that stimulu…