@LukeGromen IMO The hike was not about beating inflation. The Fed was worried about unwinding of yen carry trade by not hiking, as BOJ is expected to hike rate today.
@LawrenceLepard@thebtcpharaoh IMO The hike was not about beating inflation. The Fed is more worried about unwinding of yen carry trade as BOJ is expected to hike rate today.
Left: How it started.
Right: How it's going.
WTF happened to Canadian GDP per capita is a jump in immigration post-2015.
Wait until we see what AI- & robotics-driven job losses do to political stability in western social democracies with growing heterogeneous populations. 1/2
via @doofypoaster & @Noahpinion