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DDDWhatever your opinions are about monetary and fiscal policy,...

  1. 654 Posts.
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    DDD

    Whatever your opinions are about monetary and fiscal policy, FIRE economies, FIAT currencies and fiscal responsibility (and I have sympathy with what you might be concerned by), your comments about inflation threats and interest rates and direction of Government action is completely wrong.

    The Fed and Government just yesterday quashed speculation that: 1) Inflation was seen as a threat 2) Interest rates were going to be raised and 3) Stimulus activities would be curtailed.

    It's important that we separate our hopes and fears from actual reality no matter how this fits our preferred/expected narrative or otherwise.

    KM

 
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