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As an actual contrarian, I'm pretty certain the Fed is going to slam on the brakes hard in the next coming few years and we will switch rapidly to deflation/dep
by lamontcg 5y ago
As an actual contrarian, I'm pretty certain the Fed is going to slam on the brakes hard in the next coming few years and we will switch rapidly to deflation/depression.
The wage increases are going to cause exactly this kind of panic and the Fed will be forced to act. They're reacting somewhat slowly right now due to the pandemic/war. As soon as we have those kinds of stresses in the rear view window though they're going to start to hammer on the brakes.
Be careful what you all wish for. I think its going to eventually be worse than 2008.