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#money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #europe #eurodollar #germany
Jerome Powell is selling a soft landing, but is anyone really buying? Not really, no. Risks - which are no longer just theoretical risks - are building all over the place. In addition to China/Asia, deflation has really gripped Europe. Producer prices there are sinking, even core rates. It's only a matter of time before consumer prices get sucked…
The skinny
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