Thanks to the boys and girls at Wall Street Silver for this one:
“Once inflation goes above 5%, it has never come back down without the Fed Funds Rate exceeding the CPI”
— Wall Street Silver (@WallStreetSilv) October 24, 2022
…Stan Druckenmiller
It will come down, but it won't reach 2% until they allow companies to finance huge new oil and natural gas projects, currently being CAPEX starved. pic.twitter.com/bgXv5WGuCC
Everyone keeps quoting 2008, 1929, etc.
What if it truly is 1837?
Just sayin’.
Visits: 1