The Fed is 185bps behind the curve if You deduce their politicy as a follow of the 2-year-bond yield. Meanwhile truflation today shows a inflation rate for the USA of1,06%! The bond market calls the Fed's rates bs.
@truflation on 'X'
Wow. I doubt the few has a playbook drawn up for deflation. Federal debt couldn't take much of that.
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Imagine the gov deficit....
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It is something that was already coming when the economy certainly looks very bad and as long as measures are not applied to improve it, it will continue to be a mess.
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We could be nearer to enter in deflationay parts of the economy than we realize at the moment
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