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This Is PROOF They Are Lying To Us!!
#recession #inflation #china #deflation #interestrates #dollar #bank #money #economy #credit
#jeffsnider #eurodollar #cpi #federalreserve #jeromepowell
The ECB and Fed have hiked rates while simultaneously citing elevated "inflation" risks and a high level of uncertainty around forecasts and results. If each economy is doing as well as is claimed, then uncertainty would be low. There is instead an almost bipolar division between outlooks; a serious and worsening downside risk only balanced by a perceived upside based on current statistics. Including GDP.
Eurodollar University's Money & Macro…
The skinny
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