My gut tells me things are going to end badly. Just not sure if it is high inflation (another 1970s) or bad deflation (another 1929/2008) and what is the trigger, China, Oil....? In the mean time I am thankful for asset price inflation. Everyone (me included) hope for a soft landing and I am rooting for Yellen to succeed.
I haven't heard that word DEFLATION for awhile now. Is there a major change starting to happen? Me think so!
The old school, hard-line central bankers are gone....they were gone over 30 + years ago....the new fed and central bankers will bow to wallstreet from here on in giving it anything and everything it wants .....they don't care about inflation, they may claim in their worthless fed meetings and statements that they do, but all they care about is propping up wallstreet and makng sure they keep the markets higher for all of the elite.....its obvious inflation is a lot higher then they claim it to be...but we they don't acknowledge it....the consumer sees it in goods and services but the fed continues to ignore it....yellen has not a clue what she is doing...all she is doing is being as dovish as possible and lying all about these possible rate hikes she has in mind moving forward .......
You are aware you're on a trading site aren't you? Where we all at least aim to make money off trading on wall street, apparently making us this "elite" you're railing against?
Please, I'm not proud. Would you kindly explain it to me, keeping my limited intellect in mind? Thank you.