The latest inflation surveys from 'truflation' indicate that it has not been possible to get inflation under control. At the same time, a labor market dominated by artificial government jobs is slowly turning negative and the government's debt service has reached a level that exceeds military spending. The Fed is therefore trapped for the time being! And the market is pricing in an 80% probability of a rate cut this month. So do we have to expect the inflation scenario of the 70s and a new wave of higher inflation after all?
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47 sats \ 3 replies \ @Undisciplined 10 Dec
Just imagine if Elon makes a dent in those artificial jobs.
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56 sats \ 2 replies \ @denlillaapan 10 Dec
won't make a difference... too small
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0 sats \ 1 reply \ @Undisciplined 10 Dec
I don't think it will make a difference either , but there are potentially millions of jobs to cut.
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42 sats \ 0 replies \ @denlillaapan 10 Dec
Definitely has its own reward, that
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51 sats \ 0 replies \ @Satosora 10 Dec
Welcome back!
They have to keep inflation up, how else will they pay for things?
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0 sats \ 0 replies \ @TNStacker 10 Dec
Just wait...
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0 sats \ 0 replies \ @DesertDave 10 Dec
No way!
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0 sats \ 1 reply \ @flat24 10 Dec
Totally bullish 💪🐮🍊⚡
The US cannot and will not control inflation.
Milei has already shown how to control inflation, and that is to stop issuing new money, just to start. But the United States cannot stop its level of spending, and its debt will not stop growing.
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0 sats \ 0 replies \ @xz 10 Dec
Ditto P.R. of China, The E.U, and most developed economies. Shambolic state of affairs, really.
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0 sats \ 0 replies \ @Cje95 10 Dec
Do you think they cut it another 25 points or hold it for now?
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