What are the implications of the US Treasury losing control of the yield curve? This divergence will result in higher inflation, making it impossible to bring inflation down to 2%. Is 5% inflation the new 2%? I firmly believe so!
Discussion
If 5% becomes a new norm there will be blood in the streets. The wealth gap will get ridiculous…fast.
Agreed, this will be pretty ugly
“Our new Constitution is now established, and has an appearance that promises permanency; but, in this world, nothing can be said to be certain, except death and taxes.”
