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#1019 Darius Dale On How We Get To Deflation

The Pomp Podcast

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Is Jerome Powell Breaking Ranks?

Powell is effectively taking responsibility on being sort of the scapegoat and ultimately having to be the bad cop as it relates to getting inflation under control. I sent you a chart, which shows the term premiumin in treasury bonds. It might be a little bit too hunky for this programme, but i tend to think that everyone has the ability to learn and grow. He's still fighting to maintain control over the bond market. Now, if this window closes and we don't get inflation under control before the economy slows down significantly, he's going to start losing a significat amount of credibility. And ecobe, all hell could be breaking loose in the bomb market.

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