This doesn’t end until we end the Fed

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Fed-engineered boom/bust cycles are the most efficacious means of transferring the wealth and property of the soon-to-be-extinct middle class to the Fed’s oligarch accomplices

See also These 10yr yields can't stop, won't stop pushing higher until or unless Federal Reserve announce "YCC program" or let one of G-SIBs fail.

See also Fed Chair Jerome Powell: "We have tightened policy significantly over the past year." "Inflation has moved down from its peak...it remains too high" "We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident"

h/t Simian_Stacker

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