mothew @complex39b
Late hands Joined April 2018-
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In case you are confused, there is way more rigour and courage in Trump’s approach to the economy vs Biden. Western world was not on a sustainable path. Biden doubled down on the path to ruin. Whether he succeeds or not, Trump had the courage to take a stab at a system reset
So any "logic based" approach will fall under the AI regulations. I guess we're all going back to witchcraft and haruspices.
AUSTRALIAN CPI YOY ACTUAL 5.8% (FORECAST 6.1%, PREVIOUS 6.8%)
Increasing rates will do nothing to the inflation picture without the commensurate reduction in liquidity conditions and monetary aggregates. Now we have money supply shrinking but from insane levels. I fear that we are on track to panic hike a little too late, hope I'm wrong.
Nuff Said is the way
You know how idiots still claim Fed did a great job in the run-up to this fuckery based on - insert stupid opinions - well, let’s settle this with facts. This hiking cycle is like no other. Fed will end-up doing 600 bp in 300 days and have not moved inflation needle yet. 1/2
Why is this important? because it explains most of the extreme problems facing the world today. If you comb through the Hancock papers, what comes out is a press that was hungry for this, creating a favorable climate. Same applies to monetary policy. Loud voices of chaos. 2/2
This is who determines how quickly €poors lose purchasing power and this who is responsible for the falls in real disposable incomes. Sentence? Head of EA most powerful institution. Like offering a powder keg factory to a bunch of convicted pyromaniacs
This is who determines how quickly €poors lose purchasing power and this who is responsible for the falls in real disposable incomes. Sentence? Head of EA most powerful institution. Like offering a powder keg factory to a bunch of convicted pyromaniacs
Pace of Fed QT is non commensurate with path of inflation. Fact this has not gotten more airtime at Fed pressers shows how incompetent the gallery is. While this is important, much more alarming is the abysmal deficit. Inflation has zero odds of abating with these two unfixed.
Forget CPI, if BofA is right Jan retail sales will shock the Fed: "Card spending per household (HH), as measured by BAC aggregated credit and debit cards, was up 5.1% year-over-year (y/y) in January. "
*QATAR IS SAID TO PREPARE IMMINENT BID FOR MANCHESTER UNITED FC
In case you missed this. Please retweet and disseminate. Time is of the essence
In case you missed this. Please retweet and disseminate. Time is of the essence
the biden administration is quietly trying to ban crypto. @nic__carter breaks it down in an explosive new guest post for pirate wires. piratewires.com/p/crypto-choke…

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