If the inflationary effect on outweighs the economic stimulus effect of lower long term rates the oil drag on the US economy is headed towards the dreaded stagflation scenario. Stagflation is a real danger for the Fed and its unending arsenal of money. This is the Feds biggest gamble. It is like the feds version of the surge in Iraq. It is make or break time. If the printing of money cannot change the direction of this economy then get out the wheel barrels to fill up with cash and try to pave your portfolio with![]()
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Thread: I fought the Fed and the Fed won
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