Is the Fed Really Going to Do What It Takes to Beat Deflation?

I think gold really is going to do well once it dawns on everybody that not only is inflation going back below 6% for the next five years, like it might be 8 to 10% this time next year. The only way the feds going to avoid that outcome is if they're willing to let some very systemically important people go bankrupt. And you know, does Powell really want to go to the Christmas party or the Fourth of July party 2023 and go see his buddies after he just let one of them go bankrupt? I don't think so. He doesn't think he's going to do that. It was interesting that gold not just on that inflation print, but that also