The Fed Is in an 'Inflation Panic,' Minerd Says

The video discusses the changes in market dynamics and the role of the Federal Reserve (Fed) in maintaining price stability through controlling the money supply and balance sheet. It critiques the Fed's current approach, suggesting it is reactive and in a state of panic due to inflation concerns. The discussion highlights the Fed's shift from viewing inflation as transitory to adopting a more aggressive stance on interest rates, despite uncertainties about the impact of these rate hikes.

What concerns does the speaker express regarding the Federal Reserve's balance sheet and interest rates?

In what way does the speaker characterize the Federal Reserve's recent shift in policy regarding inflation?