Zoltan's Dispatch is Nonsense, Here's Why - Daily Live 12.29.22 | E291
Bitcoin & Markets
00:00
Deflation in a Batter's Box
If you point at the CPI or grocery prices today while pointing out M2 yesterday, what does that say about you? Deflation via another credit bubble bust is in the batter's box. The Fed could pivot if it causes a credit event, but how low will asset prices go first? Regardless, if you think either M2 or the CPI is the thing that matters most, you are wrong no matter what the Fed says.
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