The Fed understands how broken things are and that they will need to slash rates to avoid a significant depression.

They had to put on the show of fighting inflation and making markets feel pain to restore confidence. But there was never any doubt that when things start to get bad they will swoop in with their money printer and kick the can further down the road.

This cycle will continue and grow more and more volatile over the coming decades. More stimulus will be required this time around, which will cause more inflation, which will require raised rates, which will have to be slashed even sooner to avoid recession.

Opt out. #Bitcoin