Inflation Can No Longer Be Solved With Higher Interest Rates

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· Dow on its longest losing streak in 100 years.
· Snapchat implodes.
· Gap and Abercrombie & Fitch investors learn a hard lesson.
· Inflation can no longer be solved with higher interest rates.
· Even rigged CPI can’t hide rising prices now.
· Ruble strength proves sanctions didn’t work.
· Bitcoin shows surprising resilience… for now.

See also US Core Inflation Rises In April To 4.7% Despite M2 Money Growth Crashing To -4.6% YoY, More Rate Hikes Forecast (Damn It, Janet [Yellen])

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See also Think a recession will be bad? The House wants $1.3T in student loans to start being paid back WITH over 2 years of interest back-payments

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