Mohamed El-Erian: Getting closer to losing the Fed's independence

And now let's bring in Muhammad Ali and he's Alan's chief economic adviser. It's good to have you back. Thanks for being on.Thank you, Scott. So we we keep discussing this in the context of Fed independence being at risk. At what point do you personally say, you know what, that was it.It is no longer independent because of what just happened. What is that moment. So, I don't think we're there yet, but we're getting closer to it.And what worries me, Scott, is as complex as what Aean just told us, and his phr ...