Disinflation, iow deflation. Maybe they'll avoid a recession & skip ahead to depression.
My mother said only one thing about the depression. "At first it was great because everything was so cheap. Then it was awful because there wasn't anything.
I still doubt the "incompetence" excuse, while there is massive incompetence in the Fed and government agencies, that is a designed in feature, like the walls between DOJ/FBI investigative groups Sundance often exposes.
Stagflation: While Inflation Rises The Real Economy Sinks
Asset mix for impending stag/deflation? Sell or keep total stock index funds?
50E/30B + 20% cash?
10E/30B + 60% cash?
Disinflation, iow deflation. Maybe they'll avoid a recession & skip ahead to depression.
My mother said only one thing about the depression. "At first it was great because everything was so cheap. Then it was awful because there wasn't anything.
Superb translation for us regular types.
I still doubt the "incompetence" excuse, while there is massive incompetence in the Fed and government agencies, that is a designed in feature, like the walls between DOJ/FBI investigative groups Sundance often exposes.
This "destruction" is intentional, clearly.