Inflation is fairly bad, all thanks to the war waged, only to circle back to a peace deal that looks to be an even bigger loss (holy 300 billion reparations??)
Then everyone keeps flooding back into USD to capture the expected increase in interest rates that did not happen, yet there's no meltdown (and no, don't tell me that hiccup in equities is significant).
Warsh is well and truly the president's lapdog, taking the cop-out of keeping rates steady.
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