Fmr. Obama Treasury Counselor Rattner on Inflation: 'Now We're Paying the Price' of 'Too Much Stimulus'

On Wednesday's broadcast of MSNBC's "Morning Joe," Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that the government "went too far in trying to mute the effects of the pandemic, too much stimulus" in addition to stimulative Fed policy, "and now we're paying the price."