The Fed had two terrible but necessary options and took neither when it realized inflation was out of control

- jack up rates to crash the economy

- use tools to hyperinflate for a year or two to address the debt problem then back to some sort of stability

It did neither. Spending can’t stop and won’t stop. Rate cuts and printing coming, stimulus is already here in fedspeak and treasuryspeak ways.

How many signs do people need? Got #Bitcoin?