What’s to stop Powell and his friends from “printing” any amount of money at all to prevent this?
Nothing…so far they are winning all round, the only slight problem is rates look a little strong, but that may ease, as most Commodities especially Oil look to have topped for a while……and anything that gets out of hand they will use futures to move around.
As of now they have managed the impossible, put lipstick on a pig and married it to a prince…ooops made it look like Greta Garbo….