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In this clip from the second day of Hedgeye’s Investing Summit, Hedgeye CEO Keith McCullough engages in a lively discussion with Grant Williams, (Co-Founder Real Vision & Founder of Things That Make You Go Hmmm…) about the current effects of “transitory” inflation for the average citizen and what they call the “blatant lack of transparency” from Fed officials. “We are in the post-consequence world unfortunately. That’s what we inhabit now. The brazenness of all these guys is rooted in years of there being no consequences for any kind of malfeasance,” explains Williams. “It’s a really bad look at the very best.” “If the Fed was ever at the wrong spot in terms of public distrust where I got them, it’s now,” exclaims McCullough.