Rabbit Hole Recap #264: Fitch Eyes US Default as "Soft Landing" Narrative Falters
Rabbit Hole Recap
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The Social Aspect of Hyperinflation
The Fed has done this aggressive rate hike regime over the last two years to curl inflation at the tail and right when they think like, so we had 3.3% last month. The situation is already out of control. It's just must people are into now. But the Fed's going to have to step in to fix the debt problem to be the backstop for people offloading all these government bonds. And that's going to force them to cut rates and expand the monetary base.
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