Fed may want an economic slowdown to blunt inflation by lifting interest rates, but a strong USD, recession, and credit crisis are baked in.
“It's a mistake to suggest that the times of turbulent change can be waited out and things will return to normal; It won't.”
Wall Street titans have begun to bark about a global recession. Stock up on nonperishable food and practice the art of baking breads at home.
Inflation surges as Velocity of Money and consumer sentiment are plunging and the Fed's Taper Caper is making a recession inevitable.