Inflation is caused by the Fed counterfeiting dollars. No counterfeiter, No inflation. This "system" is unconstitutional and a recipe for severe economic disaster.
Money must be sound and counterfeiting must NEVER be legal for anyone, not even for bankers at The Fed.
Arsonist turned firefighter (The FED) won’t be able to raise rates more than 100bps. They will be forced to reverse course earlier. Talk of balance sheet runoff or even sales of assets to keep curve steep won’t work: It’s all about % change from the base.. #FederalReserve
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2022 Crypto themes will all depend on Fed:
1️⃣QT continues ➡️ #BTC#ETH dominate crypto mkt cap, and #ATOM used to consolidate failing chains (i.e. crypto M&A)
2️⃣Fed panics and pivots (a la 2018)➡️Everything rally!