When the Fed, which employs hundreds of economists and PhD’s says they don’t understand inflation, is there any hope left for humanity?
Come on, guys. It’s pretty straightforward…wouldn’t you say? On the one hand, there’s the fairly significant $14 trillion in financial assets you’ve bought up over the past few years.
Bottom line, there are plenty of charts that could help explain inflation if the Fed is really stumped. Or, maybe it’s just that Central Bankers, chock full of ex-Goldmanites, are more worried about charts like this one.continued for members…
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