Sunday, November 29, 2020

Tag: The Fed’s In A Box And People Are Starting To Notice

The Fed’s In A Box And People Are Starting To Notice

0

by John Rubino, Dollar Collapse:

It’s long been an article of faith in the sound money community that the Fed, by bailing out every dysfunctional financial entity in sight, would eventually be forced to choose between the deflationary collapse of a mountain of bad debt and the inflationary chaos of a plunging currency.

That generation-defining crossroad is finally in sight.

On one hand, a tight labor market is pushing inflation to levels that normally call for higher interest rates: