Today! 1970s-Style Hyper-InflationÂ
Some pundits warn a hyper-inflationary backdrop awaits as a result of fiscal spending and supply chain woes. Is it possible we are already in it?
Jonathan @vigtecofficial and I discuss today at the close 👇t.co/9NnGtsRV73#inflation pic.twitter.com/WNEeMKK3wl
— Samantha LaDuc (@SamanthaLaDuc) May 11, 2021
The Fed is playing with fire. t.co/nm0iJ4uK3P
— Sven Henrich (@NorthmanTrader) May 11, 2021
The Fed screamed for fiscal for years to take over in lieu of monetary. Fiscal came and still they are printing more than ever.
It has nothing to do with the economy, that’s the marketing front.
It’s now a mere market prop up mechanism for fear of sell offs. t.co/pGsA0XzH7J— Sven Henrich (@NorthmanTrader) May 11, 2021
Bro! The Fed was buying $80 billion a month of treasuries when the 10yr yield rose from 0.35% to 1.77% in 2020-2021. It’s not that complicated to look at historical data. t.co/2EHpcosEO3
— GreekFire23 (@GreekFire23) May 11, 2021
*DRUCKENMILLER SAYS FED POLICY ENDANGERING DOLLAR STATUS: CNBC
— zerohedge (@zerohedge) May 11, 2021
"Why exactly is the Fed still increasing its holdings of mortgage-backed securities by $40 billion a month when Chair Jerome Powell himself has said that `the housing sector has more than fully recovered from the downturn'?"
—@BChappatta, @bopinion t.co/3VWoyskXLu— Steve Matthews (@SteveMatthews12) May 11, 2021