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the rate will finish likely far below what we see now. credit has created the huge bull we have witnessed the last 10+ years. so we know more debt is needed to grow. but that high level of debt is not sustainable in the current environment. things need to ease off but so far there are no real signs of easing on the average consumer- rents still going up, high energy prices, and low wage growth.

perhaps what could happen is the fed increasing their inflation target band.

a big thanks to the ccp for their policy implementation. it has successfully smashed their economy and thus reduced the demand for a lot of resources the world competes for. at least their incompetence has helped slash inflation. lets hope Xi remains their leader for life and we can all take advantage of his hubris and lack of understanding of basic economics.