Ecoinometrics - Demand destruction
Inflation is hot. That means demand destruction is the only way forward.
Inflation just dropped and it is crazy hot. That means we are doomed. The only way the Federal Reserve can get this under control is to push QT hard enough to trigger demand destruction. There really is no way around it.
Keep reading with a 7-day free trial
Subscribe to Ecoinometrics to keep reading this post and get 7 days of free access to the full post archives.