6min snip

Bankless cover image

115 - The Stagflation Mega-Trade | Dan Morehead

Bankless

NOTE

Inflation Rates As Measured, As High As 19 82

Inflation rates as measured, as high as 19 82. The Fed pumped up a bubble in bonds that is just really off the charts. A record number of americans took out a mortgage last year and bought property. And we have overnight fed funds at 25 basis planes fueling a massive overheating of the market. They're talking about maybe getting to neutrality, like the flace rate in forty years. Is clearly overheated,. Like they talk about over the next two or three years. I mean, honestly, how fat is this economy? It's so far from reality.

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