I say a 100 basis point increase and the Powell can step up to the mic and say: "I know it's tough medicine and will be painful for some but if we get through this the economy will be much stronger"
Of course if the economy does not survive then I will still have whipped inflation
They are setting us up for the transition to CBDC. Instead of one, huge catastrophic black swan event...they're probably going to use a bunch of smaller events, like this, collectively to justify the transition. Kind of like the Chinese philosophy of making a beach disappear. Instead of bulldozing the beach in one day...take a grain of sand each day and nobody will notice until the beach is gone. Just my opinion right or wrong. I've been waiting for the one big event...but now have changed my mind...whatever is left of it. God bless you all with kindness.
I say a 100 basis point increase and the Powell can step up to the mic and say: "I know it's tough medicine and will be painful for some but if we get through this the economy will be much stronger"
Of course if the economy does not survive then I will still have whipped inflation
They are setting us up for the transition to CBDC. Instead of one, huge catastrophic black swan event...they're probably going to use a bunch of smaller events, like this, collectively to justify the transition. Kind of like the Chinese philosophy of making a beach disappear. Instead of bulldozing the beach in one day...take a grain of sand each day and nobody will notice until the beach is gone. Just my opinion right or wrong. I've been waiting for the one big event...but now have changed my mind...whatever is left of it. God bless you all with kindness.