Like even in 2022 Kevin Worse said that the Fed waited too long to raise interes...

…But Kevin Wars was a very fierce opponent, calling the benefits small and fleeting and the risks potentially large. Although once he realized he couldn't stop the money printer in 2011 he resigned thereby cementing his reputation as someone who would rather see falling prices and slower growth than risk devaluing our currency. Like even in 2022 Kevin Worse said that the Fed waited too long to raise interest rates. He claimed the Fed lost credibility by overstimulating postcoid. He believed quantitative easing inflates asset bubbles and worsens inequality. And he wanted a smaller balance sheet with more focus on stability. Or basically Kevin Worsh's entire economic philosophy is centered around higher interest rates, slower growth, and a stronger dollar, which is the exact opposite of what the markets were expecting to see throughout 2026, leading to a rather dramatic sell-off. So what happened? To be honest, all of this has to do with what's called the Trump effect…