Karl Denninger’s Prediction: They Will Raise Interest Rates and Collapse the Stock Market to Stop Inflation: I Know You Don’t Think So. You’re Wrong

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I Know You Don’t Think So. You’re Wrong
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Powell once again jawboned Monday, stating that “he knows”
inflation is “much too high” and that The Fed “will” act as
required to stop it.

First comes the jawbone. Then, if it doesn’t work (and it
won’t in this case) comes the action.

No folks, rates are going up and the bond portfolio is going down.

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