@monteluna
They're trying to find a way to find cover to do an emergency rate cut, but at this point you cannot tell me Bessent and the guys at the FED haven't listened to Luke Gromen.
Western countries are now at the point where society is broken, and the idea of targeting inflation is completely stupid when we have a supply shortage.
We're going to have to lower rates and just put up with high inflation at
this point.
Parasites cannot keep starving out the host with high interest rates, because it means massive job loss due to the high cost of credit and no monetary velocity. Eventually you kill the host and there's no hosts to starve out anymore.