Released this morning, U.S. wholesale data shows prices (media quote) 'surprisingly' deflated in May.
Bad Fed monetary policy going for the quick fix of inflation is simply 'dumb' IMO. And with the quick fix not working and prices deflating anyway, where is the world's largest economy and QE induced record-breaking stock markets actually going to by fall??
For the Fed, is it 'pick your poison' time? . . . .
Bad Fed monetary policy going for the quick fix of inflation is simply 'dumb' IMO. And with the quick fix not working and prices deflating anyway, where is the world's largest economy and QE induced record-breaking stock markets actually going to by fall??
For the Fed, is it 'pick your poison' time? . . . .