“.. DEGLOBALIZATION!!! The US is now importing more inflation than during the pandemic! Core #ImportPrices (no energy or food!) are eclipsing Core CPI.”
“.. DEGLOBALIZATION!!! The US is now importing more inflation than during the pandemic! Core #ImportPrices (no energy or food!) are eclipsing Core CPI.”
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
“.. The US is importing core inflation even without a pandemic!
“.. Deglobalization and a massive trade deficit is fueling core inflation exactly as your basic econ textbook says it should.”
“.. The US is importing core inflation even without a pandemic!
“.. Deglobalization and a massive trade deficit is fueling core inflation exactly as your basic econ textbook says it should.”
This is a major strategic failure for the United States.
“.. The Fed has yet to realize that the DEGLOBALIZATION is forming a new inflation paradigm that could force secularly higher interest rates. Philly Fed Prices Received clearly show the change to secular inflation.”
“.. The Fed has yet to realize that the DEGLOBALIZATION is forming a new inflation paradigm that could force secularly higher interest rates. Philly Fed Prices Received clearly show the change to secular inflation.”
www.bloomberg.com/opinion/arti...
www.bloomberg.com/opinion/arti...
“.. only thing that breaks 2020s boom loop is bond collapse.”
“.. only thing that breaks 2020s boom loop is bond collapse.”
doi.org/10.1017/S004...
doi.org/10.1017/S004...
From today's newsletter, some thoughts on how a less integrated global economy strikes to the heart of how the big banks make money.
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From today's newsletter, some thoughts on how a less integrated global economy strikes to the heart of how the big banks make money.
Sub here to the newsletter www.bloomberg.com/account/news...
“.. in no particular order ..
1) deglobalization
2) deficit-financed tax cuts
3) DOGE
4) deregulation
5) deportation ..”
“.. in no particular order ..
1) deglobalization
2) deficit-financed tax cuts
3) DOGE
4) deregulation
5) deportation ..”
Turns out I underestimated it.
Turns out I underestimated it.
“.. The US is importing core inflation even without a pandemic!
“.. Deglobalization and a massive trade deficit is fueling core inflation exactly as your basic econ textbook says it should.”