And the world
The world turns around
And the world and the world
The world drags me down
--Cult
The world turns around
And the world and the world
The world drags me down
--Cult
Yesterday's FOMC actions and data have emboldened theories that the Fed is trying to engineer a 'soft recession' that would cause prices to decline through 'demand destruction.' As opposed to addressing the primary cause of higher prices--which is money printing.
If this is indeed the Fed's intent, then it is even less brains than previously assumed.
And that's saying something.
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