Yes you're correct interest rates are already causing dollar scarcity / dollar destruction through demand destruction (not the same as CPI inflation/deflation). The data is not misleading, it is the data. What happened in 2008 and everything that has followed is a transition where CB's attempt to replace lack of demand. No matter where the Fed funds rate is, you cannot print demand. The below trend US yields vs copper/gold i.e financial conditions vs demand vs safety is firmly in place. You can clearly see what follows ,rates down, gold up, copper down, more QE. The only variable is the time-frame the rest of the cake is already baked.
RMS Price at posting:
$1.30 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)