Cathie Wood is an actress and businesswoman who is concerned about the state of the economy. She discusses the impact of inflation on the economy and how the Federal Reserve's decision-making is creating massive risk for investors.
00:00:00 Kathy Wood warns of an impending financial crisis, citing low inflation and irresponsible spending as causes. She argues that the Federal Reserve is making a mistake and urges them to take a sledgehammer to inflation.
00:05:00 Kathy Wood passionately explains to the viewer that the current inflation rate is not a result of usual suspects like increases in the cost of goods and services, but is instead due to the recent shutdowns and Russian invasion. She warns that if the Fed raises interest rates, it will cause a massive inflationary spike.
00:10:00 Cathie Wood, an Australian actress and businesswoman, discusses the impact of inflation on the economy in a video interview. She points out that, because of low interest rates, many companies have become reliant on derivatives and are taking shortcuts that could lead to a financial crisis. She also notes that, because of this, many pension funds have begun to worry about their obligations to retirees.
00:15:00 Cathie Wood warns of a potential financial crisis due to the increasing interest rates and pension margin calls. She cites sources indicating that the UK banks may have collapsed had interest rates not been raised, and that China and Japan are also intervening to support their currencies.
00:20:00 Cathie Wood, a popular actress and musician, is extremely concerned about the state of the economy and the FED's role in it. She discusses the impact of the FED's poor decision-making on the economy and how it is creating massive risk for investors. She also provides a sneak peak into her next video, which is exclusive to Patreon subscribers.