429: Is The Inflation Problem Really Solved? with Luke Gromen
The CPI has been coming in lower and lower month-on-month as the Fed has embarked on an aggressive rate hike campaign over the last one-and-a-half years.
The CPI has been coming in lower and lower month-on-month as the Fed has embarked on an aggressive rate hike campaign over the last one-and-a-half years.
Everywhere one looks things look absolutely terrible for the US financial system. This feels like the endgame.
Essentially, the Fed's chaotic policy bakes in sudden cascading sells into the balance sheets of the banks.
I can say that this type of statement was something I was not expecting.
A textbook "blind leading the blind" scenario.
A lot of hard lessons were learned by people across the world in 2022.
The CPI has been coming in lower and lower month-on-month as the Fed has embarked on an aggressive rate hike campaign over the last one-and-a-half years.
Everywhere one looks things look absolutely terrible for the US financial system. This feels like the endgame.
Essentially, the Fed's chaotic policy bakes in sudden cascading sells into the balance sheets of the banks.
I can say that this type of statement was something I was not expecting.
A textbook "blind leading the blind" scenario.
A lot of hard lessons were learned by people across the world in 2022.
We must rid ourselves of the influence these robotic humanoids have over our everyday lives, separate them from the control levers of money, and go about fixing the world ourselves and leaving them in the dust.
Could the decoupling be upon us? We shall see.
What is needed most is proper education.
The Big Bear in the East has had enough and seems to be going for the throat economically.
The price drop is definitely a bit jarring, but it's nothing new.