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Should We Just Let It Run Off?
Inflationry spike, rather than deflation rebust. The question now is, it's all working its way out of the system. We already have economic activity slowing down. Most leaving indicators are slowing down. Global credit is improving somewhat, but on ha momentum. And tha global credit is only growing at about three %. Should we just let it run off and do very little to serve to aggravate tat situation russia ukrane made i difference? But as i said early on, i things like to your politics or or helske crisises, theyter the tefe tales. They can never be predicted. And an aminitary policy of tecet is not