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Yeah, So The Fed Is Going To Hike Into A Deflationary Backdrop
Right, so the Fed is either going to:
hike to stave off runaway inflation that they assume may eve
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no inflation…. https://fred.stlouisfed.org/graph/fredgraph.png?g=e2Sk
Exactly, Wilson…. and the price index for food and healthcare have risen even faster over five years. But WTF; the liberal globalist elite say, “Let them eat ipods!”.
And the Treasury/Junk spread is trying to turn,