
To the extent that the Fed knows anything, it knows this, and really, really wants to force that blue line down into negative territory if possible. But it also knows that doing so will send prices spiraling out of control – which is another way of saying the dollar will crash (not necessarily against the euro and the yen, which have similar problems, but against oil, lumber, eggs, milk, cars, and all the other things voters buy regularly). The result? Political and financial chaos.
Welcome To the Death Spiral — https://rubino.substack.com/p/welcome-to-the-death-spiral
YIKES!
On a positive note I’ll likely be dead when the SHTF.
Me too
How is President Bill Clinton able to leave the country with a surplus after his two terms?
https://www.americanprogress.org/article/power-of-progressive-economics-the-clinton-years/