inflation is still at like 3% and they want to cut the overnight rate? at this point it's just a manufactured recession that will happen once the people with money in this bifurcated economy finally start to feel the pain from this "slow burn".
>>61439414If you believe inflation is at 3% I have a bridge to sell you
>>61439691yes the nominal % is different but YoY CPI is 3%, just slightly lower
I just want my Goldminers to go up. I don't care what happens to everyone else desu
>>61439414They can't cut the overnight rate. They can offer a baserate that is lower, but that baserate is not covering the risk. So overnight goes dry. And that means domino day to equilibrium - 0 and chapter 10 on most public traded ponzis.>>61439915Lol. Real inflation sits at 7%