Summary:
The Fed is likely to continue to raise rates if only to maintain its credibility, even though higher rates are price increases from the MMT POV, and the augmented interest payments constitute a fiscal increase.Zero Hedge"Horrible"... "Brutal"..."A Disaster For Democrats": A Shocked Wall Street Reacts To Today's CPI Nuclear BombTyler Durden
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The Fed is likely to continue to raise rates if only to maintain its credibility, even though higher rates are price increases from the MMT POV, and the augmented interest payments constitute a fiscal increase.The Fed is likely to continue to raise rates if only to maintain its credibility, even though higher rates are price increases from the MMT POV, and the augmented interest payments constitute a fiscal increase.Zero Hedge"Horrible"... "Brutal"..."A Disaster For Democrats": A Shocked Wall Street Reacts To Today's CPI Nuclear BombTyler Durden
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Rinse and repeat–Truss chaos–the new benchmark — Bill Mitchell
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Joel Eissenberg writes You can’t fool Mother Nature
Bill Haskell writes Grades and learning
Zero Hedge
"Horrible"... "Brutal"..."A Disaster For Democrats": A Shocked Wall Street Reacts To Today's CPI Nuclear Bomb
Tyler Durden