the inflation train has lost it's driver and even 6% won't get him back on to pull the brakes.
7% might help and 8% will be better but when ?
just watch that consumer rate, double it and take a bit off for luck. that's where we heading with rates.
berney threw m3 over the wall so he could lower the dollar at the same time as putting rates up. he had to do it this way to stop the dollar going stronger. fooled everyone but me so it seems ??
it's the us deficits he's after and to hell with everyone else.
1 lower dollar = lower imports 2 and higher exports ie aircraft. 3 higher % rates = consumer strike due to higher borrowing costs at home. all very good for the us economy at home.
a triple whammy and boy is he clever.
this is the us readjustment to get back to equilibrium mode and more. could take 4 years tho'. past currency adjustments like this have.
remember, 40 was the first to crack berney's plan.
ok, so alan and george were in on it, they had to be.
hope im proved right or i'll have to change my nic. no i won't, i'm strong enough to take the flack if i'm wrong later down the track.
91% liquid and off to collect some more honey,
sincerely,
the jolly dancing pandabear, 40
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