MacroVoices #323 David Rosenberg: The Fed Put Has Expired
Macro Voices
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Are We Going to Have Runaway Inflation?
I'm convinced that runaway inflation is what will mark the beginning of the end game for us financial markets. I've been very clear that i have no idea when it was going to start. The fact that the fed finally seems to be afraid of inflation is a good thing, in my opinion. When we get to the real end game, the entire stock market can and should be sacrificed,. because protecting the bond market and the currency are far more important. And my prediction is eventually something's going to have to give.
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