
10.1 Million Reasons To Doubt A Soft Landing
In a disconcerting development for a desperate Fed, Wednesday's update on job openings across the US
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If the Fed’s serious about inflation they have to hike. They’re currently effectively increasing the money supply via the backdoor to Banks (whom theoretically are now more sober and conservative instead of chasing a 1% yield while risking a bank run) and as we watch the stock market go up people may just keep on spending.
I’m also not sure the gasoline and rent hikes fully dissipated since supply for both is artificially constrained.
I was on team Transitory and I’d like that transition to finally happen instead of letting team Stagflation win.