Fed Pivots to Wait-and-See, Keeps Rates at 4.25%-4.50%, Restarts Inflation Worries.
The Consumer Price Index for December, released in mid-January, has accelerated further, with the month-to-month CPI accelerating to +4.8% annualized, the worst increase since February; with the three-month CPI accelerating to +3.9% annualized, the worst increase since April; and with the year-over-year CPI accelerating to +2.9%, the worst increase since July. The PCE price index for December, which the Fed favors, will be released at the end of this week.
Caught in a trap?
If the Fed cuts -- the long term rates will blast off due to anticipating inflation -- and hammers long term loans including mortgages....
Increase rates further and that crushes the economy...
We are looking at a global economy on life support... it needs a growing source of cheap energy to thrive... not only is cheap energy not growing ... it has been in a steep decline since conventional oil peaked two decades ago -- the oil that has offset this (shale - tar sands - deep sea) is expensive... and now even those sources are in decline...
Inflation cannot be stopped .. expensive to produce energy guarantees that....
The global economy is an oxygen starved, cancer riddled, and dying.
Yes Fast Eddy, I think everything we see on the world stage is fake. We see symbolic, old stories on repeat about birth right, angry gods, persecuted people, the chosen ones, rising above duality and so on.
Search for Eyevolution Smith on YT, one of the few channels explaining what is happening (and will happen in future) without the vomit inducing 'get saved by Jebus now!!' message.
Fed Pivots to Wait-and-See, Keeps Rates at 4.25%-4.50%, Restarts Inflation Worries.
The Consumer Price Index for December, released in mid-January, has accelerated further, with the month-to-month CPI accelerating to +4.8% annualized, the worst increase since February; with the three-month CPI accelerating to +3.9% annualized, the worst increase since April; and with the year-over-year CPI accelerating to +2.9%, the worst increase since July. The PCE price index for December, which the Fed favors, will be released at the end of this week.
Caught in a trap?
If the Fed cuts -- the long term rates will blast off due to anticipating inflation -- and hammers long term loans including mortgages....
Increase rates further and that crushes the economy...
We are looking at a global economy on life support... it needs a growing source of cheap energy to thrive... not only is cheap energy not growing ... it has been in a steep decline since conventional oil peaked two decades ago -- the oil that has offset this (shale - tar sands - deep sea) is expensive... and now even those sources are in decline...
Inflation cannot be stopped .. expensive to produce energy guarantees that....
The global economy is an oxygen starved, cancer riddled, and dying.
Prepare for the funeral.
Thanks for this perspicacious post.
One option would be to go live on the moon, if someday civilization here on earth collapses.
https://substack.com/home/post/p-152098999
Yes Fast Eddy, I think everything we see on the world stage is fake. We see symbolic, old stories on repeat about birth right, angry gods, persecuted people, the chosen ones, rising above duality and so on.
Search for Eyevolution Smith on YT, one of the few channels explaining what is happening (and will happen in future) without the vomit inducing 'get saved by Jebus now!!' message.
Another great post! It's a funny coincidence that Trump happens to be a big wrestling fan.
Isn't it amazing the innovations that emerged from online porn and pro wrestling!
I remember reading the articles on coronacircus back when the blog started up. I see the guy restarted the blog. Good find.
That is a brilliant article... I browsed the site and will check out some of the free articles https://coronacircus.com/articles/
I see one about a New World Order...not so sure about that...
The guy is a "conspiracy theorist" and very much into the "occult"....he used to post on reddit as well, but looks like his account was purged there.
That aside he's nailed it with the pro wrestling article ... and the part two consciousness essay