I am under the impression that the Fed is stuck in an impossible position and no matter what they do inflation will continue to rise.
Discussion
NIce issue number 👀
man, congratulations, mad respect that you continue to show up and churn out the bent day after day for this long. Very very very cool
Either keep printing, or let the system crash. Only two options. IMO
Good one, Marty. Well formulated thoughts. I think your assessment is spot on. Inflation is going to continue to rise no matter what jpow and the fed do along the way. We’re way in over our heads already and there’s a tsunami of entitlement debt coming year after year. I don’t see us coming out of this one like we have in the past, when economic crises hit, had an impact on markets and society and then we moved back into a state of relative normalcy - where things were more or less as they were before. It doesn’t feel like we’re going back this time.
If you haven’t already, check out Charles Lloyd for some great jazz.
I think Edward Griffin does a good job in the creature from Jekyll island explaining the game the fed is playing and how it won’t stop unless the dollar is abandoned.
In my experience it is best to stop trying to predict and learn how to beat a broken system and focus your energy on learning about the future of sound money. It will fix all.