It’s an official. Member of the fed publicly announcing that 2% isn’t the only target possible. @macroscope on Twitter followed the narrative shift up until this point over the last year and then some.
Discussion
Things are lining up so insanely perfect.
Fuck yes they are
Interest expense is too high. They have to reduce rates or the system just looks too fake and frail to the rest of the world with debt going parabolic. Inflation has cooled just enough to appease the normies.
Rates (likely) getting cut in 2024 and 2025, halving in 4 months and massive institutions about to add trillions in demand. Likely more LATAM countries adopting too. Shit is about to get real…